Back-to-school season is upon us and while American students attempt to return to the classroom, in-person learning for many has been canceled.
Aside from the impact on the individual student, this lack of child care can create a huge drag on the economy. Nobel laureate Esther Duflo suggests the U.S. subsidize child care for a few reasons aside from the benefit to the children themselves.
The first is that child care requires constant attention by ideally qualified and highly trained professionals, creating a source of jobs that cannot be outsourced internationally to China nor automated away. “You’re always going to need to take care,” she said.
To pay for this attention and investment in our children, Duflo recommends a straight transfer of funds to the