Birthplace More Important Than Bootstraps In Economic Success

Sat, 17 May 2014 03:47:00 +0000

"The study — based on millions of anonymous earnings records and being released this week by a team of top academic economists — is the first with enough data to compare upward mobility across metropolitan areas. These comparisons provide some of the most powerful evidence so far about the factors that seem to drive people's chances of rising beyond the station of their birth, including education, family structure and the economic layout of metropolitan areas." Cenk Uygur (http://www.twitter.com/cenkuygur), John Iadarola (http://www.twitter.com/jiadarola) and Miki Matteson (http://www.twitter.com/miki_matteson) break it down. *Read More: http://www.nytimes.com/2013/07/22/business/in-climbing-income-ladder-location-matters.html Support The Young Turks by Subscribing http://www.youtube.com/user/theyoungturks Like Us on Facebook: Follow Us on Twitter: http://www.twitter.com/theyoungturks Support TYT for FREE by doing your Amazon shopping through this link (bookmark it!) http://www.amazon.com/?tag=theyoungturks-20 Buy TYT Merch: http://theyoungturks.spreadshirt.com/ Support The Young Turks by becoming a member of TYT Nation at http://www.tytnetwork.com/member-options/. Your membership supports the day to day operations and is vital for our continued success and growth. In exchange, we provided members only bonuses! We tape a special Post Game show Mon-Thurs and you get access to the entire live show at your convenience in video, audio and podcast formats.

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Birthplace More Important Than Bootstraps In Economic Success