First 10 Blog

Policymakers Used to Ignore Child Care. Then Came the Pandemic.

Share

“It explained how the care sector — defined as economic activity in the home and the market — was a crucial part of the economy but operated differently than other types of businesses.

You can’t measure the productivity of a child-care center the way you would, say, a car factory, she explained. The incentives are nothing alike. The profits don’t go only to the center’s owner. Instead, benefits are shared by children and their parents, and society as a whole. The country benefits from a more educated and productive work force.”