
Jessi Streib, "The Accidental Equalizer: How Luck Determines Pay After College" (U Chicago Press, 2023)
New Books in Critical Theory
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Look-Off Cressy: Luck-Based Equality in the Graduate Labor Market
This chapter delves into the concept of 'look-off cressy' as an opportunity structure that equalizes outcomes based on luck in the graduate labor market. It explores how factors like internships, GPAs, and professional connections become irrelevant, and emphasizes the counterintuitive nature of this argument. The chapter also discusses hidden information in the job market and the importance of class neutrality in the evaluation process by employers.
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