Nobel Laureate to Debt Panel: Invest in Early Education

James Heckman, the University of Chicago economist who won a Nobel Prize in 2000, presented information to the National Commission on Fiscal Responsibility and Budget Reform. (The panel was created by President Obama to explore ways to reduce the federal debt).  In a 12-page letter to the panel, Heckman advises the panel to invest in high-quality early education or risk putting “our country’s future in peril by producing a deficit in human capital that will take generations to correct.”

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