A cautionary note on that recent upward mobility study
While US upward mobility appears stable since the 1970s — or “stalled’ to use President Obama’s rather negative characterization — despite an increase in high-end inequality, there is no reason for complacency. First, mobility could be better. What’s more, economist Timothy Taylor points out that the results from the Equality of Opportunity Project are a little … Continue reading A cautionary note on that recent upward mobility study
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