If you're a child born into a poor family in the United States, what are the most important factors in your life that will influence whether or not you're able to rise out of poverty?  To answer that question, we're joined again by Matthew Jackson, William D. Eberle Professor of Economics at Stanford University, and External Faculty at the Santa Fe Institute.  This is part one of a two-part series, and in this episode, Matthew is going to introduce us to a study he was involved in that looked at the data of 21 billion friendships in the US that asked the question: what is it really that allows a child to get ahead?    Connect: Simplifying Complexity on Twitter Sean Brady on Twitter Sean Brady on LinkedIn Brady Heywood website This show is produced in collaboration with Wavelength Creative. Visit wavelengthcreative.com for more information.

In our last episode, you heard all about economic mobility. In this episode (which is part 2 of our conversation), you're going to hear again from Matthew Jackson, William D. Eberle Professor of Economics at Stanford University, and External Faculty at the Santa Fe Institute. We finished the last episode by saying that if you want to increase a child's economic mobility, the factor that has the greatest impact is economic connectedness. In this episode, Matthew is going to talk about economic connectedness in our workplaces, our religious gatherings, and our schools.   Resources and links: Social capital I: measurement and associations with economic mobility | Nature Social capital II: determinants of economic connectedness | Nature Vast New Study Shows a Key to Reducing Poverty: More Friendships Between Rich and Poor - The New York Times (nytimes.com)   Connect: Simplifying Complexity on Twitter Sean Brady on Twitter Sean Brady on LinkedIn Brady Heywood website This show is produced in collaboration with Wavelength Creative. Visit wavelengthcreative.com for more information.

Matthew Jackson from Stanford University discusses the importance of networks in human existence, linking it to resource allocation in economics. The podcast explores his journey from gymnastics to economics, the evolution of network theory, and the intersection of AI and game theory in understanding decision-making processes.