In Mexico, economic opportunity increases the closer your skin gets to white


It’s no secret there’s widespread racism in Mexico, but a new study shows the surprising precision with which skin color can determine socio-economic status.

The darker the skin tone, the less upward mobility a Mexican can expect to have, according to the paper (link in Spanish) which was released earlier this month by Mexico’s National Statistics and Geography Institute (INEGI).

The findings are based on a 2016 survey that asked respondents to match their skin to a palette of 11 shades, with A being the darkest and K the lightest. The answers they gave to questions about their economic status were […]

A primer on economic mobility in America


The Archbridge Institute has kicked off a three-part series that explores intergenerational economic mobility—i.e., how much people’s income differs from that of their parents. In the first installment , author Scott Winship attempts to make sense of what he calls an “explosion of mobility research.”

The report uses data from the Panel Study of Income Dynamics (PSID), which has tracked the income of a nationally representative sample of adults and their children for nearly fifty years. Given income’s sensitivity to age and chance, assessing economic mobility is challenging. To address this, data are collected from over six hundred parents and […]

A tale of two Canadas: Where you grew up affects your income in adulthood


In Canada, geography is destiny: Your financial future, to a surprisingly large degree, depends on the place in Canada where you happen to grow up.

That reality is revealed on this map and our accompanying set of interactive graphics, produced using a new analysis of millions of Canadians’ income data , the result of years of work by economist Miles Corak.

His study charts intergenerational economic mobility – that is, the chance that people who spent their childhood in that location ended up, as adults, higher on the income and economic-status ranking than their parents. If a region is bright green, […]

A tale of two Canadas: Where you grew up affects your income in adulthood


In Canada, geography is destiny: Your financial future, to a surprisingly large degree, depends on the place in Canada where you happen to grow up.

That reality is revealed on this map and our accompanying set of interactive graphics, produced using a new analysis of millions of Canadians’ income data , the result of years of work by economist Miles Corak.

His study charts intergenerational economic mobility – that is, the chance that people who spent their childhood in that location ended up, as adults, higher on the income and economic-status ranking than their parents. If a region is bright green, […]

A minority ‘not getting a fair go’ is NZ’s real worry, says researcher

Income, inequality, poverty, housing, investment.

Inequality is not the main problem for New Zealand, according to a new report from the New Zealand Institute of Economic Research (NZIER). Income, inequality, poverty, housing, investment. The report said income inequality in New Zealand had changed little in the past 20 years, and had been at the current level before.

"What worries me isn’t inequality per se, what worries me is a minority of New Zealanders who basically aren’t getting a fair go," said Derek Gill, principal economist at NZIER.

Though surveys suggested New Zealanders were becoming increasingly concerned about inequality, the research said a bigger concern was relatively […]

It’s time to move beyond the tired income inequality debate


File photo(Zinkevych/Getty Images)

Income inequality is an animating issue for so many celebrities, politicians, and other public figures these days. One can’t seem to turn on the television, read a newspaper, or check social media without claims about how rising inequality is a socio-economic ill that must be remedied. More redistribution in the form of higher taxes on the wealthy is always the preferred cure.

Yet new research by three leading psychologists from Yale University shows that the general public is less fussed about income inequality than elite commentators. What concerns people aren’t unequal economic outcomes but rather the perception of […]

Explore National Review, See It and more!

The Corner | National Review Online

National Review See It Geography Politics Corner The Corner | National Review Online See more Data Brain Budget What Do OECD Data Really Show About U.S. Taxes and Reducing Inequality? — Center on Budget and Policy Priorities See more Still applicable Get Rich or Die Younger: The Shrinking Life Spans of Poor U.S. Women It would still be a mistake to focus on growth and let inequality take care of itself because inequality may not only be ethically undesirable but also because the resulting growth may be low and unsustainable. And second, there is surprisingly little evidence for the […]

Inescapable inequality?


Inequality has become a deeply rooted feature of social and economic landscapes around the world

I’ve been in South Africa and the US recently. From geography to development both countries are, of course, very different. But they do share some similarities. Take inequality, for example. This issue – which is by no means limited to their shores – has become a deeply rooted feature of their social and economic landscapes, one that proven stubbornly resistant to attempted remedies.

Inequality has many invidious consequences – too many to list here. This is because it is one of the few issues […]

Data show the “American Dream” is a fallacy and Americans still don’t realize it


Americans continue to kid themselves that if you work hard you can climb the ladder. But the perception and reality are moving farther apart.

Economists at Harvard University recently published research on actual and perceived economic mobility in the United States and four European countries. They found an American public in denial. The data show that Americans believe the chance that a person who is born into the bottom 20% of households in income in the US can reach the top 20% in adulthood is more than 50% higher than in reality.

Not all other countries suffer from such misconceptions. The […]

Time banks can forge social change


We have all heard of the adage, "time is money", but this is often understood in terms of the market economy, where all goods and services are assigned a monetary value. The time economy, on the other hand, is made up of all the goods and services of social value that measures of the market economy do not currently include, such as caregiving for children, the disabled or the elderly, volunteering and other philanthropic activities.

Defining and measuring the time economy would allow us to better value all these socially useful but unpaid activities.

One way to unlock the value in […]