The Value of Giving Prisoners an Education

America's crackdown on crime is giving way to concern about the high-cost of mass incarceration. President Obama wants to give Pell Grants for college to inmates in prison — to find out if higher education makes them less likely to commit new crimes. Researchers say he already knows the answer.

Also, China devalues its currency. On today's Talking Point, the Watts riot 50 years later.

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