Politicians typically focus on short-term economic issues; but, a nation’s long-term economic well-being is directly linked to its rate of economic growth. In turn, its growth rate is directly linked to the economically relevant skills of its population. Until recently, however, economists...

Human capital theory recognizes that time preferences - patience - are important for skill investments. We show how Facebook interests can be used to construct subnational measures of patience. Differences in patience are closely related to regional student achievement in Italy and the United...