They looked at the results of a Clinton-era program called Moving to Opportunity, which took poor families and moved them to middle-class neighborhoods. At first the results were disappointing. The families who moved didn’t see their earnings rise. Their kids didn’t do much better in school.
But as years went by and newer data accumulated, different and more promising results came in. Children who were raised in better environments had remarkable earnings gains. The girls raised in the better neighborhoods were more likely to marry and raise their own children in two-parent homes.
The first implication of this research is that neighborhood matters a lot.
.. Then we’ve got to get integrationist, to integrate different races and classes through national service and school and relocation vouchers. And finally, we have to get a little moralistic. There are certain patterns of behavior, like marrying before you have kids and sticking around to parent the kids you conceive, that contribute to better communities.
Healthcare: The necessity of innovation and the social value of gazillionaires.
While the Left rages about economic inequality, a phrase with a very elastic meaning, few people understand what I like to call the Social Value of Gazillionaires (SVG).
.. For example, there is a well-established pattern in automobile innovation in which safety and performance features are developed for high-end cars and then work their way down through the lines until they become standard equipment on ordinary vehicles. (Sometimes these are developed for non-production vehicles, especially racing cars.) The technology that coordinates seatbelt pre-tensioning with airbag deployment was first developed for the seriously expensive Mercedes S-Class sedan in the early 1980s, and within a few years Porsche was offering a similar system as standard equipment. Chrysler joined in a year later, and today very modestly priced cars, such as the Ford Fiesta, are available with side airbags and related safety features that were not available at any price in the 1980s. That’s SVG in action. Things like antilock brakes and modern throttle systems have followed similar patterns of development.
Class Is Seen Dividing Harvard Business School
To help bring the school’s culture back down to earth, Thomas J. Peters, a co-author of “In Search of Excellence” who has spoken at the Harvard Business School and has been a frequent critic of business education, suggested that the school apply a simple admissions rule: anyone from an ultraprivileged background needs to have done something of significant social value to be admitted.
.. “The No. 1 thing you should take away from the comments section on this post is that no one is putting their real name,” one member of the class of 2013 wrote on nytimes.com, citing fear that strong opinions “could limit future options.”