By elevating Heckman-style human-capital ROI metrics, liberal policy circles reframe welfare from egalitarian income smoothing to 'investment' in early childhood and targeted programs, biasing evidence standards and funding against unconditional cash.
— This framing determines which anti-poverty tools are deemed credible, how success is measured, and where scarce social dollars go—shaping long-run inequality and political coalitions.
Matt Bruenig
2025.08.21
100% relevant
Bruenig attacks the 'human capital' obsession while Piper leans on RCT-driven ROI logic to narrow cash to emergencies, illustrating the dominance—and backlash—against the investment frame.
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