3min chapter

The Gray Area with Sean Illing cover image

Can Raj Chetty save the American dream?

The Gray Area with Sean Illing

CHAPTER

The Fading of the American Dream

I think it's weird to say that you should adjust for smaller families, as given that a lot of people would like to have bigger families. So I don't know that that argument always strikes me as very strange. But if somebody has a different view on that question, even then you'd still come to the conclusion that there's been a big fading of the American dream. And what about the argument that within these results, there's not a tension being paid to employer, non-financial, non-monetary compensation? That we're not accounting transfers correctly.

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