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The William T. Grant Foundation was established in 1936, originally as the Grant Foundation, by American businessman and philanthropist William Thomas Grant. In 1938, the Foundation funded its first major research project, the Grant Study at Harvard University , in which some of the subjects were followed for over 75 years. [ 4 ]
A particular focus of his research has been school structure, educational inequality, and school reform. [3] In 2013 he became the president of the William T. Grant Foundation, which funds social science research meant to improve the lives of young people. [3]
In developmental economics, the Poverty-Growth-Inequality Triangle (also called the Growth-Inequality-Poverty Triangle or GIP Triangle) refers to the idea that a country's change in poverty can be fully determined by its change in income growth and income inequality. According to the model, a development strategy must then also be based on ...
George Vaillant, who directed the study for more than three decades, has published a summation of the key insights the study has yielded in the book Triumphs of Experience: The Men of the Harvard Grant Study: [6] Alcoholism is a disorder of great destructive power. Alcoholism was the main cause of divorce between the Grant Study men and their ...
He retired from both the W. T. Grant Company and the Grant Foundation at age 90, yet still served in an honorary capacity until his death in 1972 in Greenwich, CT at age 96. By that time his nationwide empire of W. T. Grant Co. (Grants) and Grant City stores had grown to almost 1,200, although the company failed in 1975 and was soon liquidated.
In their groundbreaking 1998 study "The Paradox of Redistribution and Strategies of Equality", Walter Korpi and Joakim Palme constructed a model to test the redistributive efficiency of targeted and universal social welfare policies on reduction of poverty and income inequality. [13]
Education debt is a theory developed by Ladson-Billings to attempt to explain the racial achievement gap. As defined by Professor Emeritus Robert Haveman, a colleague of hers, education debt is the "foregone schooling resources that we could have (should have) been investing in (primarily) low income kids, which deficit leads to a variety of social problems (e.g. crime, low productivity, low ...
Piketty argues that Kuznets mistook the 1930-1950 decrease in inequality for the endpoint of its development. Since 1950, inequality has again reached pre-WW II levels. Similar trends are visible in European countries. [2] The Kuznets curve (/ ˈ k ʌ z n ɛ t s /) expresses a hypothesis advanced by economist Simon Kuznets in the 1950s and ...