Experts debate opportunity, income, fixing success ladder


2013 File Photo/Tribune News Service Alan Krueger (right), past chairman of the Council of Economic Advisers in the Obama administration, asserts that people’s economic standing today is largely due to the financial status of their parents. How did you get where you are today?

Alan Krueger says you can give most of the credit to the financial status of your parents. Krueger, past chairman of the Council of Economic Advisers in the Obama administration, put forth that idea in a 2012 speech when he introduced the Great Gatsby curve, a graph that showed that the more inequality that exists between […]