The social safety net as an investment in children

社会保障网:对儿童的投入

LSE: Public lectures and events

2025-10-23

1 小时 27 分钟
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Contributor(s): Professor Hilary Hoynes | Join us for the Department of Social Policy’s Annual Lecture at which Hilary Hoynes will explore the concept of viewing the social safety net as a long-term investment in children. Traditionally, economic research has emphasised the incentive effects of tax credits and transfer programs, often neglecting their potential benefits, particularly for children. Hoynes will review a growing body of evidence showing that childhood access to programs like food stamps, the EITC, and Medicaid leads to significant improvements in health, education, earnings, and reduced criminal justice involvement in adulthood. Using cost-benefit analyses like the Marginal Value of Public Funds (MVPF), Hoynes argues these programs often pay for themselves over time. She concludes that understanding these long-term benefits is crucial to shaping effective policy and reimagining the safety net as a strategic societal investment.
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  • Welcome to the LSE Events podcast by the London School of Economics and Political Science.

  • Get ready to hear from some of the most influential international figures in the social sciences.

  • Hi, good evening, welcome.

  • Welcome to LSE and this hybrid event.

  • My name's Coretta Phillips, and I'm a professor of criminology and social policy here at the LSE,

  • and I'm here in my capacity as the head of department of social policy.

  • I'm really delighted to welcome our esteemed guest and speaker,

  • Professor Hilary Hoynes, and also to welcome our online audience,

  • and also, of course, to welcome all of you that are present in the theater today.

  • It's really fantastic to see so many of you and I think it's a testament to how excited we are to hear about the ideas and thinking of our speaker.

  • This evening is the fourth in our annual lecture series where we invite eminent thinkers in the field of international social and public policy where we're keen to hear from those with ideas that can move our thinking forward in our disciplines.

  • Before I introduce our speaker more fully, I need to just do the usual admin housekeeping things.

  • So in the event of a fire alarm,

  • the fire assembly point is opposite this building on the corner of Lincoln's Inn Fields,

  • where if we have a fire alarm, it's bound to be raining, isn't it?

  • So hopefully people have umbrellas.

  • For those ex users, the hashtag for today's event is hashtag LSE social policy.

  • The event's been recorded and will hopefully be made available as a podcast subject to technical difficulties.

  • Please can I ask everyone to put their phones on silent so as not to disrupt the event.

  • I also would like, before I introduce Professor Hoynes,