LSU gets millions in BP oil settlement money to study how to make drilling in Gulf safer

Billions at stake as latest phase of BP civil trial opens _lowres

Louisiana researchers are getting the lion’s share of $10.8 million of BP oil settlement money to figure out ways to make offshore drilling safer and prevent disasters like the 2010 Deepwater Horizon spill. The National Academies of Sciences, Engineering and Medicine announced the distribution of the $10.8 million in awards on Thursday, with LSU engineering professor Wesley … ( continue reading )
Associated Press file photo — In this April 21, 2010, file image provided by the U.S. Coast Guard, fire boat response crews battle the blazing remnants of the offshore oil rig Deepwater Horizon. Louisiana researchers are […]

LSU gets millions in BP oil settlement money to study how to make drilling in Gulf safer

Louisiana researchers are getting the lion’s share of $10.8 million of BP oil settlement money to figure out ways to make offshore drilling safer and prevent disasters like the 2010 Deepwater Horizon spill. The National Academies of Sciences, Engineering and Medicine announced the distribution of the $10.8 million in awards on Thursday, with LSU engineering professor Wesley … ( continue reading )

LSU gets millions in BP oil settlement money to study how to make drilling in Gulf safer

Billions at stake as latest phase of BP civil trial opens _lowres

Louisiana researchers are getting the lion’s share of $10.8 million of BP oil settlement money to figure out ways to make offshore drilling safer and prevent disasters like the 2010 Deepwater Horizon spill. The National Academies of Sciences, Engineering and Medicine announced the distribution of the $10.8 million in awards on Thursday, with LSU engineering professor Wesley … ( continue reading )
Associated Press file photo — In this April 21, 2010, file image provided by the U.S. Coast Guard, fire boat response crews battle the blazing remnants of the offshore oil rig Deepwater Horizon. Louisiana researchers are […]

LSU gets millions in BP oil settlement money to study how to make drilling in Gulf safer

Billions at stake as latest phase of BP civil trial opens _lowres

Louisiana researchers are getting the lion’s share of $10.8 million of BP oil settlement money to figure out ways to make offshore drilling safer and prevent disasters like the 2010 Deepwater Horizon spill. The National Academies of Sciences, Engineering and Medicine announced the distribution of the $10.8 million in awards on Thursday, with LSU engineering professor Wesley … ( continue reading )
Associated Press file photo — In this April 21, 2010, file image provided by the U.S. Coast Guard, fire boat response crews battle the blazing remnants of the offshore oil rig Deepwater Horizon. Louisiana researchers are […]

LSU gets millions in BP oil settlement money to study how to make drilling in Gulf safer

Billions at stake as latest phase of BP civil trial opens _lowres

Louisiana researchers are getting the lion’s share of $10.8 million of BP oil settlement money to figure out ways to make offshore drilling safer and prevent disasters like the 2010 Deepwater Horizon spill. The National Academies of Sciences, Engineering and Medicine announced the distribution of the $10.8 million in awards on Thursday, with LSU engineering professor Wesley … ( continue reading )
Associated Press file photo — In this April 21, 2010, file image provided by the U.S. Coast Guard, fire boat response crews battle the blazing remnants of the offshore oil rig Deepwater Horizon. Louisiana researchers are […]

Education Isn’t the Key to a Good Income

A man climbs a ladder.

One of the most commonly taught stories American schoolchildren learn is that of Ragged Dick, Horatio Alger’s 19th-century tale of a poor, ambitious teenaged boy in New York City who works hard and eventually secures himself a respectable, middle-class life. This “rags to riches” tale embodies one of America’s most sacred narratives: that no matter who you are, what your parents do, or where you grow up, with enough education and hard work, you too can rise the economic ladder.

A body of research has since emerged to challenge this national story, casting the United States not as a meritocracy […]

LSU gets millions in BP oil settlement money to study how to make drilling in Gulf safer

Billions at stake as latest phase of BP civil trial opens _lowres

Louisiana researchers are getting the lion’s share of $10.8 million of BP oil settlement money to figure out ways to make offshore drilling safer and prevent disasters like the 2010 Deepwater Horizon spill. The National Academies of Sciences, Engineering and Medicine announced the distribution of the $10.8 million in awards on Thursday, with LSU engineering professor Wesley … ( continue reading )
Associated Press file photo — In this April 21, 2010, file image provided by the U.S. Coast Guard, fire boat response crews battle the blazing remnants of the offshore oil rig Deepwater Horizon. Louisiana researchers are […]

LSU gets millions in BP oil settlement money to study how to make drilling in Gulf safer

Billions at stake as latest phase of BP civil trial opens _lowres

Louisiana researchers are getting the lion’s share of $10.8 million of BP oil settlement money to figure out ways to make offshore drilling safer and prevent disasters like the 2010 Deepwater Horizon spill. The National Academies of Sciences, Engineering and Medicine announced the distribution of the $10.8 million in awards on Thursday, with LSU engineering professor Wesley … ( continue reading )
Associated Press file photo — In this April 21, 2010, file image provided by the U.S. Coast Guard, fire boat response crews battle the blazing remnants of the offshore oil rig Deepwater Horizon. Louisiana researchers are […]

LSU gets millions in BP oil settlement money to study how to make drilling in Gulf safer

Billions at stake as latest phase of BP civil trial opens _lowres

Louisiana researchers are getting the lion’s share of $10.8 million of BP oil settlement money to figure out ways to make offshore drilling safer and prevent disasters like the 2010 Deepwater Horizon spill. The National Academies of Sciences, Engineering and Medicine announced the distribution of the $10.8 million in awards on Thursday, with LSU engineering professor Wesley … ( continue reading )
Associated Press file photo — In this April 21, 2010, file image provided by the U.S. Coast Guard, fire boat response crews battle the blazing remnants of the offshore oil rig Deepwater Horizon. Louisiana researchers are […]

Job Flexibility Helps Poor People Move to the Middle Class


It’s been well documented that one of the best predictors of a person’s economic status is the economic standing of their parents. While that’s good news for those whose parents are well-off, it’s really bad news for economic mobility. A new study from the St. Louis Fed attempts to discern precisely what factors contribute to this phenomenon, and how those factors might be manipulated to increase economic mobility in America.

The paper’s authors, George-Levi Gayle and Limor Golan of Washington University in St. Louis; and Mehmet A. Soytas of Ozyegin University, looked at several characteristics to figure out the factors […]