“The latest research on social mobility showed that there's a large aggregate decline in the U.S. in your chances of earning more than your parents. But I think where the story becomes more optimistic one is that there are pockets of America, where children from low-income families have significant chances of rising up in the income distribution. This finding of big geographic variation is an encouraging one because it shows that there are places where we see the American Dream thriving and we simply need to understand how can we replicate those successes elsewhere throughout the country.” ThinkingChildrenCountryDreamParentChanceSignificantOptimisticElsewhereAmerican Dream Author:Raj Chetty
“The solution for rising up kids in the income distributionlies is in creating better childhood environments for kids growing up, especially in low income families. And so what means such things like schools, the quality of neighborhoods. If you think about what's gone on in Baltimore, it's a place of tremendous concentrated poverty. People aren't really seeing a path forward and I think revitalizing places like that can have a huge impact, even in the face of globalization and changes in technology.” PeopleThinkingMeanKidsSchoolQualityPovertyTechnologyGrowing UpPathEnvironmentChildhoodSolutionsNeighborhoodGlobalization Author:Raj Chetty
