Harvard’s Raj Chetty on upward mobility in America
Goldman Sachs Talks
00:00
The Decline of the American Dream
This chapter explores the significant decline in upward mobility in the United States, highlighting the stark contrasts in opportunities based on geographical and socio-economic factors. It introduces the Opportunity Atlas as a tool for understanding economic mobility and challenges the notion that hard work guarantees economic security. The discussion also addresses the implications of trade, automation, and social networks in shaping the economic landscape for low-income families.
Transcript
Play full episode
