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Gregory Clark on Social Mobility, Migration, and Assortative Mating (Live at Mercatus)

Conversations with Tyler

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Exploring Social Mobility and Hierarchies

This chapter examines the intricate dynamics of social mobility, focusing on how individuals' economic prospects are influenced by their parents' socioeconomic backgrounds. It highlights the stagnation of relative mobility rates across generations, even amidst improvements in living standards, and contrasts the experiences of societies like Denmark and Britain. The discussion emphasizes the significant impact of geographic mobility and entrenched societal structures on individual economic outcomes, suggesting a persistent reproduction of social hierarchies despite changing environments.

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