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Social Capital: Measurement and Consequences

Abstract: A number of indicators suggest that there has been a sharp decline in social capital in the United States since the mid-1960s. After rising for most of the first two thirds of
the 19TH century, formal membership and participation in civic organizations, levels of trust, and charitable giving have all seen sharp declines. There is a strong relationship, across American states, between measures of social capital and educational performance, health, tax evasion and self-assessed welfare. Although this pattern still needs far more detailed analysis, it is pronounced enough to justify further attention to social capital and its potentially powerful implications for a range of public policy issues. Read More >>

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