A highlight from Prof. Adriana Lleras-Muney, Professor of Economics at UCLA.
Mike yesterday. Leanna louis muny. Who is professor of economics at cla listened examines relationships between social economic status and health but the particular focus on education income kabushenga. Recent work investigates the long term impact of government policies on children by analyzing effects approved dams. Like the mother's pension program and civilian conservation clogs implemented during the first half of the twentieth century. The medina thank you for having me. Yeah thanks for doing this. Island is one of your recent papers entitled. Do you employment programs. Work evidence from the new deal You you say that be studied a siemian conservation clocks. Ccc the first and largest youth training program in the us in operation between nineteen thirty three and nineteen forty two to provide the first comprehensive assessment of the short and long the sex off meanstested youth employment programs so so visit ccc is something that was instituted right after the depression. Yes oh this is an interesting program. I'm thinking in also relevant to today so we can come back to that but basically you know. Nineteen twenty nine was the start of a very deep economic depression that we call. The great depression was felt was elected came into office. He implemented a very ambitious set of programs to try and help people who were in very dire circumstances of time in the see was the program that he chose to try and help young men in particular between the ages of like seventeen twenty five or almost up to twenty eight who found themselves unemployed and so one thing that was very startling At the time was unemployment rates were very high At the height of the great depression and world about thirty percent. Brad just like today Young people's unemployment rate was much higher. Typically twice as high. So it's estimated that as many as sixty percent of of men in this age group were without a job and there was a concern. That dad That this was very detrimental to these young men. And that's something to be done in there was also concern of what What would happen if they didn't that they would be roaming around. That made a crime would increase that they would be maybe political agitation is a result in so there was there was also an idea that that they that these individuals were Perhaps in need of training or some some specific help for for for them and so he had his idea. That was great. He's like okay. We're going to take all these young men who can't find jobs and we're going to put them to work in preserving the land natural parks in irrigation so the fortunate thing that happened nineteen thirties. Was that in addition to the great depression that was the dust bowl king through the us and decimated a lot of agricultural lands. And so the plan was to take these young men and sent them to camps and they were build roads and infrastructure irrigate land plant trees and and it would be a win win win as it were because they would be a brought taken from poor families who were need a relief they would be giving some skills thou hopefully help them later on so it was meant to provide both short-term relief but also kind of help