by Summary:
The New York Times had a while ago a whole piece on Chetty, Saez and co-authors about the lack of capital mobility in the US. No surprises really. Turns out that universities can increase social mobility. The problem is that universities don't do enough. Bucknell actually has considerably more students from the 1% than from the bottom fifth. One way to increase social mobility would be to expand the scholarships to low income students. Somehow I doubt that the guy from Trump University would do much on that front.
Topics:
Matias Vernengo considers the following as important: inequality
This could be interesting, too:
The New York Times had a while ago a whole piece on Chetty, Saez and co-authors about the lack of capital mobility in the US. No surprises really. Turns out that universities can increase social mobility. The problem is that universities don't do enough. Bucknell actually has considerably more students from the 1% than from the bottom fifth. One way to increase social mobility would be to expand the scholarships to low income students. Somehow I doubt that the guy from Trump University would do much on that front.
Topics:
Matias Vernengo considers the following as important: inequality
This could be interesting, too:
Jeremy Smith writes UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…)
Robert Skidelsky writes The Roots of Europe’s Immigration Problem – Project Syndicate
Nick Falvo writes Report finds insufficient daytime options for people experiencing homelessness
Nick Falvo writes Housing and homelessness in London (England)
