You Searched For "raj chetty" and got 19 results
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2 mins read
It pays to have rich friends — and whether you have them depends a lot on where you live
Americans who live in the poorest neighborhoods have way fewer rich friends — and that's bad news f…
Eliza Relman,Juliana Kaplan  Â
7 mins read
Why VCs love obnoxious founders
VCs don't care if you're a nice person. They want founders who take massive risks.
Nate Silver  Â
2 mins read
Bill Ackman wrote 1,600 words on X about how he's definitely not resentful towards Harvard
According to a New York Times article published on Tuesday, Ackman has had "years of resentment" ag…
Kai Xiang Teo  Â
2 mins read
High-income Americans rarely mix with poorer people. Restaurants like Applebee's and Olive Garden are the exception.
Having friends who make more than you is an important boost for economic mobility. You might find t…
Juliana Kaplan,Eliza Relman  Â
2 mins read
High-income Americans rarely mix with poorer people. Restaurants like Applebee's and Olive Garden are the exception.
Having friends who make more than you is an important boost for economic mobility. You might find t…
Juliana Kaplan,Eliza Relman  Â
3 mins read
If you want to get rich, make rich friends, a Harvard economist found in 2 new studies
New studies look at three aspects of a person's life that impact economic mobility. The most import…
Juliana Kaplan  Â
2 mins read
One chart shows how steep of a decline there's been in the percentage of children outearning their parents since the 1940s
Additional research from the Brookings Institution has also shown that "the middle class suffered g…
Joseph Zeballos-Roig  Â
1 min read
A study finds rich people have stopped taking Ubers and hiring nannies during the pandemic, causing the biggest hit to employment
The biggest employment drop during the pandemic has come for low-wage workers in rich neighborhoods…
Allana Akhtar  Â
2 mins read
This map shows where Americans have the best chances of going from poor to rich
Numerous policy initiatives have been proposed to flatten the gap in upward mobility. Experts have …
Mark Abadi  Â
2 mins read
Children of the 1% are 77 times more likely to attend an Ivy League school than poor Americans
The figures show mobility is a fairly rare privilege for an America that used to pride itself in pr…
Pedro Nicolaci da Costa  Â
2 mins read
The American Dream is twice as easy to reach in Canada
Now, a study published by the Federal Reserve Bank of St. Louis has found a way to measure that dec…
Pedro Nicolaci da Costa  Â
1 min read
A big part of the American Dream is dying
The likelihood that children at age 30 had a higher inflation-adjusted income than their parents di…
Andy Kiersz  Â
2 mins read
Here's where American children have the best chances of going from poor to rich
"[T]he economic outcomes of children from low income families vary substantially within the US. Som…
1 min read
There are more students at elite US colleges from the top 1% than the bottom 50%
A study recently released by the Equality of Opportunity Project investigates the role of college i…
Andy Kiersz  Â
1 min read
New Study Shows How One Great Teacher Can Seriously Boost How Much Their Students End Up Getting Paid
This according to a new series of working papers (I and II) from John Bates Clark medal winner Raj …
2 mins read
Here's Why Economic Mobility Is Stuck In Neutral
The rise in income inequality is not driven by each income quintile moving away from one another as…
Danny Vinik  Â
4 mins read
Melinda Gates points out a major problem with how we make decisions: data is sexist
"Even in the preterm birth area, you have to look at Hispanic women vs. Caucasian women. Well, Hisp…
Julie Bort  Â
3 mins read
People Are Wondering If Economics Is Really A 'Science'
"Consider the politically charged question of whether extending unemployment benefits increases une…
4 mins read
Microsoft billionaire Steve Ballmer is giving millions away with a focus on 'the American Dream for American kids'
The Ballmer Group doesn't publicly release its total grant budget either, the amount of money it pl…