From New Zealand to Pittsburgh, a Moneyball Approach to Helping Troubled Kids
In the U.S. and the rest of the world, politicians looking to trim government spending have typically taken a simple approach to reforming social services: Cut them. In New Zealand, the ruling National Party pioneered a novel approach: Use data analytics to determine where spending can be most effective. In 2010, when Minister of Finance Bill English first convened a policy group to review welfare spending, government statistics showed half the 4,300 teenage single mothers receiving benefits in that country were likely to remain in the welfare system for 20 years, at a total cost of about $264,000 each. The government responded with $23 million to assign individual case workers to help teenage mothers finish school and find work. Now, after four years, the number of teenage single parents on benefits has dropped to 2,600.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Fewest Jobless Claims Since 1973 Show Firm U.S. Job Market
- Germans Are Going Wild for a Show Set During the Dawn of the Nazis
- U.S. Senate Adopts Budget, Giving Momentum to Trump's Tax-Cut Plans
- The U.K.'s $86 Billion Pension Problem Is About to Solve Itself
- GE's New CEO Slashes Profit Outlook, Sends Shares Tumbling