Economists are famously bad at predicting the future. (There’s even an old joke: Why did God create economists? To make weather forecasters look good.) Nevertheless, thinking like an economist can help prepare us for what lies ahead for our children.
Does preschool help children become more successful adults? In a recent piece in The Wall Street Journal, Dr. Alison Gopnik (coauthor of The Scientist in the Crib, among other books) writes,