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The Fifth Freedom - David Erickson

The Fifth Freedom

Guaranteeing an Opportunity-Rich Childhood for All

(Autor)

Buch | Softcover
188 Seiten
2023
Brookings Institution (Verlag)
978-0-8157-3963-0 (ISBN)
CHF 33,15 inkl. MwSt
The status quo doesn’t work for millions of Americans, and the consequences of millions of failures are expensive for everyone. This book advocates a smarter social safety net that will catch kids heading toward incarceration or educational failure, and society will reap the benefits of healthier and more productive generations to come.
It is within our power to provide an opportunity-rich childhood for all
In 1941 President Franklin Roosevelt delivered his famous Four Freedoms speech. In that speech Roosevelt proposed that all Americans should be granted the freedom of speech, freedom of worship, freedom from want, and freedom from fear. In his new book, The Fifth Freedom, senior vice president at the Federal Reserve Bank of New York David Erickson makes the case for the freedom to an open future.
The status quo in the United States is unfair and expensive. We spend too much on downstream consequences of people living in poverty rather than spending money on the upstream conditions that would guarantee an opportunity-rich childhood for all. A strong foundation in childhood is the best predictor of a healthy and productive adulthood. A commitment to the fifth freedom would save trillions on avoided chronic disease, incarceration, educational failures, and lost productivity.
The Fifth Freedom calls for place-based institutions that support growth and development—good schools, well-funded libraries, safe streets and public spaces, quality health care, spiritual homes, and well-functioning transportation that puts other essential amenities in reach, especially jobs—that work in concert with individual interventions—tutoring, counseling, and coaching. Not providing children with the resources they need is more expensive than reacting the negative consequences of not having them.

David Erickson is senior vice president at the Federal Reserve Bank of New York. He has convened thousands of experts to be speakers at conferences and authors in a series of books on how community development finance can work with other social investors to create more opportunities in low-income communities. Key to this strategy is to create new alliances with sectors that previously did not work with anti-poverty activists: health, climate adaptation, household financial wellbeing, art and artists, faith communities, and others. Throughout, he has focused on how quasi-markets can be tools to create better social outcomes—the subject of his first book, Housing Policy Revolution: Networks and Neighborhoods. Erickson has a PhD in history from the University of California, Berkeley and a BA from Dartmouth College.

Preface
Introduction: Better Policies and Improved Neighborhoods Can Secure the Fifth Freedom—an Opportunity-Rich Childhood for All
1 Evolution of the Welfare State: 150 Years of Efforts to Assist Low-Income Communities and Individuals
2 Guardrails and Airbags: Better Strategies to Improve Neighborhoods and Support Families Are the Basis for a Smarter Social Safety Net
3 Financing Guardrails and Airbags: Creating a Market That Values Health
4 Hawaii Case Study: How an Island State Can Point the Way
5 Conclusion and Next Steps
Notes
Index

Erscheinungsdatum
Zusatzinfo 13 b/w illustrations; 1 b/w photos; 1 textbox
Sprache englisch
Maße 157 x 222 mm
Gewicht 304 g
Themenwelt Naturwissenschaften Geowissenschaften Geografie / Kartografie
Sozialwissenschaften Pädagogik Sozialpädagogik
Sozialwissenschaften Politik / Verwaltung Politische Theorie
Sozialwissenschaften Politik / Verwaltung Staat / Verwaltung
Sozialwissenschaften Soziologie
ISBN-10 0-8157-3963-X / 081573963X
ISBN-13 978-0-8157-3963-0 / 9780815739630
Zustand Neuware
Informationen gemäß Produktsicherheitsverordnung (GPSR)
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