A recent report issued by the Rand Corporation confirms what child advocates have long known: Investing in children, particularly in early childhood, improves lives, saves lives and saves money.
In the report, Rand Researchers apply two economic models—human capital theory and monetary payoffs—to early childhood issues, demonstrating how these concepts can be used to guide policy.
The report makes a strong case for investments in prevention, using theory and empirical analyses to show that treating poor outcomes later in life is far less effective.
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