Wednesday May 19 Forthright Radio with Joy LaClaire 9am
Wednesday May 19 Forthright Radio 9am On the next Forthright Radio, host Joy LaClaire will speak with Washington University Professor, Mark Rank, about his
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Wednesday May 19 Forthright Radio 9am On the next Forthright Radio, host Joy LaClaire will speak with Washington University Professor, Mark Rank, about his
Yet according to recent research, the United States has far less mobility and equality of opportunity today than the European Union or other OECD countries. First, the amount of economic advantage passed down from one generation to the next is much higher in the US. Approximately 50% of a father’s income position is inherited by his son. In contrast, the amount in Norway or Canada is less than 20%. What about rising from rags to riches? In the US, 8% of children raised in the bottom 20% of the income distribution are able to climb to the top 20% as adults, while the figure in Denmark is nea...