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Increases in educational attainment benefit the public because more highly educated people tend to pay more in taxes, are less likely to use social support programs, and are less likely to commit crimes. This volume examines the monetary value of these benefits over an individual's lifetime and how they vary with education level.
In Alabama Getaway Allen Tullos explores the recent history of one of the nation's most conservative states to reveal its political imaginary—the public shape of power, popular imagery, and individual opportunity. From Alabama's largely ineffectual politicians to its miserly support of education, health care, cultural institutions, and social services, Tullos examines why the state appears to be stuck in repetitive loops of uneven development and debilitating habits of judgment. The state remains tied to fundamentalisms of religion, race, gender, winner-take-all economics, and militarism enforced by punitive and defensive responses to criticism. Tullos traces the spectral legacy of George ...
Focusing on issues of vital importance to those seeking to understand and reform the tort system, this volume takes a multi-disciplinary approach, including theoretical economic analysis, empirical analysis, socio-economic analysis, and behavioral anal
The vast majority of kids in the developed world finish high school—but not in the United States. More than a million kids drop out every year, around 7,000 a day, and the numbers are rising. Dropping Out offers a comprehensive overview by one of the country’s leading experts, and provides answers to fundamental questions: Who drops out, and why? What happens to them when they do? How can we prevent at-risk kids from short-circuiting their futures? Students start disengaging long before they get to high school, and the consequences are severe—not just for individuals but for the larger society and economy. Dropouts never catch up with high school graduates on any measure. They are less...
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Child-care quality rating and improvement systems (QRISs) are designed to make child-care quality transparent to child-care parents, providers, and policymakers and to help providers improve their quality. This monograph discusses the development and implementation of QRISs in Oklahoma, Colorado, North Carolina, Pennsylvania, and Ohio, highlighting lessons that the states learned and recommendations for QRIS development and refinement.
In theory, financial professionals are relatively distinct: A broker conducts transactions in securities on behalf of others; a dealer buys and sells securities for his or her own accounts; and an investment adviser provides advice to others regarding securities. Broker-dealers and investment advisers are subject to different regulatory structures. But trends in the financial services market since the early 1990s have blurred the boundaries between them. Regulatory reform requires a clearer understanding of the industry's complexities. The U.S. Securities and Exchange Commission asked RAND to conduct this study to examine the professionals' current business practices and whether investors un...
Turkey, a Muslim-majority country, is pivotal to Western security interests in the Middle East. Its ruling party, the AKP, has Islamic roots but operates within a framework of strict secular democracy, which has generated controversy over the boundaries between secularism and religion. This monograph describes the politico-religious landscape in Turkey and evaluates how the balance between secular and religious forces has changed over the past decade.
Early Colleges as a Model for Schooling advocates for early college high schools as an effective means of reducing academic, cultural, and financial obstacles to postsecondary education. This perceptive work evaluates, both quantitatively and qualitatively, the impacts of early colleges—hybrids that blend elements of secondary and postsecondary education. It examines the strengths and challenges of early college models of different designs and explores their place in the greater education system. Julie A. Edmunds, Fatih Unlu, Elizabeth J. Glennie, and Nina Arshavsky craft their narrative around the findings of one of the most ambitious studies to date on early college high schools, a fifte...
Liability effects on the economic performance of the pharmaceutical industry play a prominent role in the debate about the economic effects of product liability in the United States. The author analyzes incentive effects on company decisions, implications for economic outcomes such as drug safety and effectiveness, and suggests how public policy changes could mitigate liability-based sources of inefficient decisions of pharmaceutical companies.