This week's econ talk features economist roge chetdy of harvard university. He is the director of opportunity insights, which uses big data to study the science of economic opportunity. CheTDy: If you grow up in a community where low and high income people are interacting more, you are more likely to rise up in the income distribution. We'd love to hear from you. Go to econ talk dot org,. where you can subscribe, comment on this episode and find link information related to today's conversation.
Economist Raj Chetty of Harvard University talks about his work on economic mobility with EconTalk host Russ Roberts. The focus is on Chetty's recent co-authored study in Nature where he finds that poor people in America who are only connected to other poor people do dramatically worse financially than poor people who are connected to a wider array of economic classes. The discussion includes the policy implications of this result as well as a discussion of Chetty's earlier work on the American Dream and the challenge of Americans born in recent decades to do better financially than their parents.