Philanthropists and policymakers sometimes opt to fund childhood education to "stop illiteracy at the source" at the expense of funding for adult literacy education. In 2000, "The New York Times" published an article about a gift of $100 million being given to schools in Mississippi to promote the teaching of reading to…

Given the important intergenerational effects of parents' education level on the achievement of their children, education policies should shift from a focus on one life cycle to a focus on "multiple life cycles". Such a policy would explicitly recognize that adults transfer their educational achievements to the achievement of their…