Studies have shown that poor mental health reduces work attendance, performance, and economic opportunities. The disability associated with maternal depression, in particular, can affect engagement with children, which can lead to development deficits that create a powerful process for the perpetuation of poverty within and between generations.
"We have learned the importance of starting with children in fostering resilience, and that means addressing the needs of adults who care for them," said Dr. Megan Smith, the founder of Elevate and the Mental health Outreach for MotherS (MOMS) Partnership . "If we can improve mental health for caregivers and their relationships with their children starting as early as possible, we have an opportunity to promote economic mobility that can persist into the future."
In case you are keeping track:
From economics course to entrepreneurial experience | UNC-Chapel Hill
What does it take to be an entrepreneur? Do I have the right mindset? What tools will set me up for success? What if I fail? Where do I start?
Taking the plunge into entrepreneurship can be confounding – and a bit unnerving. But what if you had the chance to test your abilities and stretch your skills, all through an undergrad course where you could work with a team of peers to collaborate and build upon your skillsets in a safe environment?
Nearly 400 students at UNC-Chapel Hill just took this kind of ingenuity-inducing plunge into a semester-long journey through ECON 125 Introduction to Entrepreneurship. The course culminated last week with four top student teams making their final pitches of ventures that they conceived, tested and developed over the past three months.
ASEAN's perspective on economic recovery
Bloomberg Terminals: Real-time market data | Economics
If you're into data, especially financial data, Bloomberg Terminals are unrivaled for their comprehensiveness. Looking for a corporation's financial statements from last year? Check. Want to compare it to this year's? Double check. Want an in-depth overview of that business' entire industry? Triple check.
Thanks to special alumni support, Denison has nine of these incredibly complicated (and expensive) data platforms. Eight are open to every Denison student to do research, and students can build their knowledge — and resumés — by obtaining their Bloomberg Market Concept certification. (The ninth is utilized in Denison's Investment Offices.)
Other things to check out:
50 years of tax cuts for the rich failed to trickle down, economics study says -
Tax cuts for the wealthy have long drawn support from conservative lawmakers and economists who argue that such measures will "trickle down" and eventually boost jobs and incomes for everyone else. But a new study from the London School of Economics says 50 years of such tax cuts have only helped one group — the rich.
The new paper, by David Hope of the London School of Economics and Julian Limberg of King's College London, examines 18 developed countries — from Australia to the United States — over a 50-year period from 1965 to 2015. The study compared countries that passed tax cuts in a specific year, such as the U.S. in 1982 when President Ronald Reagan slashed taxes on the wealthy, with those that didn't, and then examined their economic outcomes.
China Has A $15 Trillion Problem With Economic Reality
The reference here is to comments dating back to 1993, when the Clinton administration found itself hemmed in by the bond market. Any hint that the White House might expand the budget deficit sent debt yields skyrocketing.
This market volatility is a very different animal from, say, stocks. During the Xi era, there have been several moments of extreme volatility in Shanghai shares. The most traumatic episode was in 2015, when China's benchmark plunged 30% in a matter of weeks.
Free exchange - Is a wave of supply-chain reshoring around the corner?
Editor's note: Some of our covid-19 coverage is free for readers of The Economist Today , our daily newsletter . For more stories and our pandemic tracker, see our hub
S UPPLY-CHAIN managers have had a stressful few years. From Sino-American trade wars and Brexit to covid-induced restrictions on medical exports and travel, there has been a lot to deal with. At the worst of the pandemic company bosses inevitably wondered if bringing production closer to consumers might help. In April a survey conducted by EY , an accounting firm, found that as many as 83% of multinational executives were contemplating so-called "reshoring" or "nearshoring".
WashU Experts: We need economic rescue, and we need it now | The Source | Washington University
After months of failed negotiations that left many Americans, businesses and a further weakening economy in the lurch, lawmakers are scrambling the week before Christmas 2020 to reach a deal on an economic stimulus plan that could top $900 billion. If Congress passes the deal, will it do enough to help struggling Americans and businesses stay afloat?
To answer that question, three business and economics experts at Washington University in St. Louis shared their thoughts on the proposed plan, what lawmakers got right, what is missing and what ticking time bombs remain.
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