"Most economists would argue that the only long-term solution to poverty is figuring out a way to dramatically increase the human capital of the poor through some combination of better schools, better parenting, and convincing kids to stay in school and to work hard in school. Stable housing is no doubt an input to helping disadvantaged children achieve their potential. A number of studies have shown that kids who switch schools suffer a setback academically.
So — both for reasons of basic human decency and helping the long term prospects of the poor — affordable housing seems like a worthwhile objective."
From Freakonomics (the blog)
Tuesday, July 29, 2008
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