Economic Tidbits


“In a paper published in 2016 . . . a team of social scientists found that Americans born in the 1940s had a 90% chance of earning more than their parents had earned at the age of 30; for those born in the 1980s, the chance of that had dropped to 50%.” Briefing—Social mobility in America, The Economist, November 6, 2021.

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