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Nobel laureate James Heckman links "soft skills" such as perseverance, attention, motivation, and self-confidence to "success in society at large." Heckman argues that investing in socio-cultural skills will provide more "economic and social return" than investing in social programs or infrastructure.
Economist James Heckman argues that public schooling has very little to do with increasing or decreasing educational gaps among American students.
"The major determinant of school performance ... is the family environment that supports the children in the school," he says.
Economist and Nobel laureate James Heckman analyzes the growing high school dropout rate over the past 40 years and predicts "chilling" effects on American society if the trend continues.
Heckman links the "dramatic" slow down in the growth of skills to lower labor productivity, decreased wage growth and a weakening of American competitiveness in the global economy.