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Symposium 2015

Virtual Library File - Promoting Social Mobility

The Challenge

For a generation after World War II, growth rates in much of the developed capitalist world were high and income inequality was by historical standards relatively reduced. More recently, however, ineq ...

For a generation after World War II, growth rates in much of the developed capitalist world were high and income inequality was by historical standards relatively reduced. More recently, however, inequality appears to have risen sharply, with especially marked increases near the top of the income distribution. Wealth has been less studied, but appears even more concentrated in many countries.

This article argues that in order to foster greater equality of opportunity, we need a major shift in social policy toward early childhood interventions, with later interventions designed to reinforce those early efforts. The interventions should address socio-emotional skills, not just cognitive abilities.