Avni Patel Thompson

Care jobs help humans flourish, and, properly understood and compensated, they can power a growing sector of the economy, strengthen our society, and increase our well-being. Goods are things that people buy and own; services are functions that people pay for. Relationships require two people and a connection between them. We don’t really have an... See more

We find that one factor about a home—its location—accounts for a significant fraction of the total effect of that home. In fact, putting together the different numbers, I have estimated that some 25 percent—and possibly more—of the overall effects of a parent are driven by where that parent raises their child. In other words, this one parenting... See more

Dashboard for Tokenized Communities

Profit is to a corporation as oxygen is to a human being: necessary for existence, not the reason for it

Why is this decision so powerful? Chetty’s team has a possible answer for that. Three of the biggest predictors that a neighborhood will increase a child’s success are the percent of households in which there are two parents, the percent of residents who are college graduates, and the percent of residents who return their census forms. These are... See more

When we use the word in an economic sense, care is a bundle of services: feeding, dressing, bathing, toileting, and assisting. Robots could perform all of those functions; in countries such as Japan, sometimes they already do. But that work is best described as caretaking, comparable to what the caretaker of a property provides by watering a garden... See more

The principal function of most corporations is not to maximize shareholder value, but to maximize the standard of living and quality of work life of those who manage the corporation.