04/20/2023

A Nobelist’s controversial approach to solving inequality, with James Heckman (Ep. 111)

james heckman

Over his distinguished career, Nobel Prize-winning economist James Heckman has dedicated his research to understanding and solving the problem of inequality. He has closely studied how investing in early childhood development is linked to better outcomes—from higher earnings, to violence reduction, and even breaking the cycle of poverty.

His groundbreaking research has been applied across the globe—from Jamaica to Denmark and China, and it has given policymakers important insights into education, job-training programs, minimum wage legislation and more. His most recent work has centered on examining social mobility, and he’s help found an entire field on the economics of human flourishing.

Heckman is the Henry Schultz Distinguished Service Professor in Economics at the University of Chicago, where he has been a faculty member since 1973. He directs the Center for the Economics of Human Development.

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