Tag Archives: lower class

Peter Temin: Economic Mobility Requires the Nearly Impossible |TTI


A lot of factors have contributed to American inequality: slavery, economic policy, technological change, the power of lobbying, globalization, and so on. In their wake, what’s left?

That’s the question at the heart of a new book, The Vanishing Middle Class: Prejudice and Power in a Dual Economy , by Peter Temin, an economist from MIT. Temin argues that, following decades of growing inequality, America is now left with what is more or less a two-class system: One small, predominantly white upper class that wields a disproportionate share of money, power, and political influence and a much larger, minority-heavy (but […]

Escaping Poverty Requires Almost 20 Years With Nearly Nothing Going Wrong

A man cleans up confetti while surrounded by tourists in Times Square in New York.

A lot of factors have contributed to American inequality: slavery, economic policy, technological change, the power of lobbying, globalization, and so on. In their wake, what’s left?

That’s the question at the heart of a new book, The Vanishing Middle Class: Prejudice and Power in a Dual Economy , by Peter Temin, an economist from MIT. Temin argues that, following decades of growing inequality, America is now left with what is more or less a two-class system: One small, predominantly white upper class that wields a disproportionate share of money, power, and political influence and a much larger, minority-heavy (but […]

Escaping Poverty Requires Almost 20 Years With Nearly Nothing Going Wrong

A man cleans up confetti while surrounded by tourists in Times Square in New York.

Keith Bedford / Reuters A lot of factors have contributed to American inequality: slavery, economic policy, technological change, the power of lobbying, globalization, and so on. In their wake, what’s left?

That’s the question at the heart of a new book, The Vanishing Middle Class: Prejudice and Power in a Dual Economy , by Peter Temin, an economist from MIT. Temin argues that, following decades of growing inequality, America is now left with what is more or less a two-class system: One small, predominantly white upper class that wields a disproportionate share of money, power, and political influence and a […]

Editorial: Focus on class missing in higher education

Editorial: Focus on class missing in higher education

Going to college is heralded as the gateway to a better life, to a well-paying job living in a nice house in a well-off, middle- to upper-class neighborhood. College is and always has been advertised as a ticket to improvement.

But the reality is far different. This week, The Ithacan explored the intersections between class and higher education and found that postsecondary learning and the benefits that accompany a college degree are disproportionately further out of reach for many low-income families. The problem is institutional and the impact is staggering, creating an environment that advantages those who can afford the […]

Restoring America’s Economic Mobility

Frank Buckley
Author, The Way Back: Restoring the Promise of America Frank Buckley is a Foundation Professor at Scalia Law School at George Mason University, where he has taught since 1989. Previously he was a visiting Olin Fellow at the University of Chicago Law School, and he has also taught at McGill Law School, the Sorbonne, and Sciences Po in Paris. He received his B.A. from McGill University and his LL.M. from Harvard University. He is a senior editor of The American Spectator and the author of several books, including The Once and Future King: The Rise of […]

Get Smart: Three Ways of Thinking to Make Better Decisions and Achieve Results


“Give me six hours to chop down a tree and I will spend the first four sharpening the axe.”
— Abraham Lincoln

***
Your ability to think clearly determines the decisions you make and the actions you take.In Get Smart!: How to Think and Act Like the Most Successful and Highest-Paid People in Every Field , author Brian Tracy presents ten different ways of thinking that enable better decisions. Better decisions free up your time and improve results. At Farnam Street, we believe that a multidisciplinary approach based on mental models allows you to gauge situations from different perspectives and […]

Restoring America’s Economic Mobility

Frank Buckley
Author, The Way Back: Restoring the Promise of America Frank Buckley is a Foundation Professor at Scalia Law School at George Mason University, where he has taught since 1989. Previously he was a visiting Olin Fellow at the University of Chicago Law School, and he has also taught at McGill Law School, the Sorbonne, and Sciences Po in Paris. He received his B.A. from McGill University and his LL.M. from Harvard University. He is a senior editor of The American Spectator and the author of several books, including The Once and Future King: The Rise of […]

NCAA Recruitment Of First Generation Athletes Is On A Serious Decline


In just a couple of decades, the system of college athletic recruitment has had a major facelift. It was once almost a cliche for recruiters to regularly visit low-income households and court the talented children of parents who never went to college. Today, recruiters appear to be more focused on athletes that can get into better high schools and AAU programs.

Tom Farrey of ESPN’s The Undefeated studied this trend in a piece entitled “The Gentrification of College Hoops .”

After obtaining data on NCAA athletes, Farrey found that the number of first generation athletes for Division-I programs had decreased in […]

Restoring America’s Economic Mobility

Frank Buckley
Author, The Way Back: Restoring the Promise of America Frank Buckley is a Foundation Professor at Scalia Law School at George Mason University, where he has taught since 1989. Previously he was a visiting Olin Fellow at the University of Chicago Law School, and he has also taught at McGill Law School, the Sorbonne, and Sciences Po in Paris. He received his B.A. from McGill University and his LL.M. from Harvard University. He is a senior editor of The American Spectator and the author of several books, including The Once and Future King: The Rise of […]

Many middle-class University students find tuition difficult to manage

.

LSA junior Joshua Rabotnick moved from Los Angeles in August 2016 to attend the University of Michigan, but cannot afford the tuition bill without loans.

LSA freshman Andrea Perez, an in-state student, is in the same situation as Rabotnick. Two families, both in the middle-class income level, struggle to pay for a degree from the University.

Despite a report from the Equality of Opportunity Project saying the median family income for a student at the University is $154,000, in the same report the University was ranked last in economic social mobility of 25 highly selective public universities.With students facing debt after […]