Tag Archives: skills

Well-off “helicopter” parents are super annoying, but they didn’t create economic inequality


A new analysis takes the focus off the top 1 percent and ignores deeper structural problems. It’s fun to pick on the professional class. Obsessed with their credentials and careers, helicopter-parenting their children until they’re admitted into the “best” colleges, professionals make easy targets. Even the professional class likes to eye-roll at its own pretensions.

But does the professional class constitute a distinct economic and political problem?

Richard Reeves, the co-director of the Center on Children and Families at the Brookings Institution, gives a strong affirmative answer in his new book Dream Hoarders . Indeed, he argues professionals are the central […]

The century gap: Low economic mobility for black men, 150 years after the Civil War

Mervin Sealy from Hickory, North Carolina, takes part in a protest rally outside the Capitol Building in Washington, October 5, 2011. Demonstrators were demanding that Congress create jobs, not make budget cuts during the protest.    REUTERS/Jason Reed   (UNITED STATES - Tags: POLITICS BUSINESS CIVIL UNREST) - RTR2S9AW

The legacy of American racism is dominating the headlines again. One of the arguments used against the removal or relocation of Confederate symbols is that “it is simply part of our history”. This is not the case. The results of the enslavement, disenfranchisement and exclusion of black Americans remain visible and vivid in 21st century America.

Take the economic gap between black and white Americans, which is stark and stubborn. Black median household income was $36,898 in 2015, compared to $62,950 for whites . The gap has actually widened slightly since 2002 (from $23,500 to $26,000).

The black-white income gap obviously […]

Why Australia still ranks among world’s best for income mobility

the report provides strong evidence that parental wealth matters less in Australia for the future income of children ...

the report provides strong evidence that parental wealth matters less in Australia for the future income of children than in most other countries. Australia may not win any prizes for resisting the global slide towards worsening income and wealth inequality, but it has succeeded in maintaining its status as one of the world’s leading opportunity societies.

The reasons, according to a major comparative study by the US-based Stanford Centre on Poverty and Inequality – which Finance Minister Mathias Cormann has used buttress his attack on opposition leader Bill Shorten’s "politics of grievance and envy" – include Australia’s healthcare system, better […]

The century gap: Low economic mobility for black men, 150 years after the Civil War

Social-Mobility

The legacy of American racism is dominating the headlines again. One of the arguments used against the removal or relocation of Confederate symbols is that “it is simply part of our history”. This is not the case. The results of the enslavement, disenfranchisement and exclusion of black Americans remain visible and vivid in 21st century America.

Take the economic gap between black and white Americans, which is stark and stubborn. Black median household income was $36,898 in 2015, compared to $62,950 for whites . The gap has actually widened slightly since 2002 (from $23,500 to $26,000).

The black-white income gap obviously […]

Considering New Solution to Global Income Inequality

Image: Iker Velasquez Holds US Flag in Washington on May 18th. Source: The Associated Press.

Global income inequality has gotten a lot of attention in recent years. The gap between the world’s haves and have-nots is increasing; the persistent disadvantage that some individuals face violates the fundamental intuitions of fairness and justice.

High and sustained levels of inequality, especially inequality of opportunity, can significantly undermine individuals’ ability to achieve their potential and contribute to global development. Global instability, in the form of economic turmoil, natural disaster, and war, also disproportionately impacts individuals in developed countries and contributes to global inequality. Modified immigration policies, or even temporary work programs, would do more to reduce global inequality […]

The Barriers To Success And Upward Mobility For First Generation Students And How To Fix The Problem


On March 6, 1860, Abraham Lincoln remarked , "When one starts poor, as most do in the race of life, free society is such that he knows he can better his condition; he knows that there is no fixed condition of labor, for his whole life." Later that year, he was elected to the presidency.

President Lincoln’s words in that speech showcased the American value of upward mobility. In sharp contrast to other western nations of the time, the United States was not married to a traditional caste system. Because of this shared ethos, the United States was — 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 […]

New report finds Americans lack economic mobility, opportunity


HARI SREENIVASAN: A report on poverty published on Thursday found a striking lack of economic mobility in America, that 43 percent of Americans born into families in the bottom fifth of the economic ladder are stuck there as adults, while 40 percent born in the top fifth stay there.

The data was part of Opportunity, Responsibility and Security: A Consensus Plan for Reducing Poverty and Restoring the American Dream. It was a partnership between two think tanks from different sides of the ideological spectrum, the Brookings Institute and the American Enterprise Institute.

And as part of our series on poverty called […]

Do Occupational Licenses Exacerbate the Prison-to-Poverty Pipeline?


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Expert argues that occupational licensing reform will unlock the economic potential of former prisoners.

After she had served a year in prison, returned to school, and earned her nursing degree, the state of Illinois denied Lisa Creason the chance to become a licensed nurse because of her prior conviction. In August 2016, however, Creason stood by Illinois Governor Bruce Rauner as he signed a new law that would allow her, and other former inmates, a second chance to earn a living as a nurse.Nevertheless, despite Illinois’ progress in this area, workers around the country continue to face barriers to […]

The Ben & Jerry’s of Medieval Times

A painting of a meeting in the year 1520 between King Henry VIII of England and King Francois I of France

A painting, done in the 19th century by Friedrich Bouterwek, of a 1520 meeting between King Henry VIII of England and King Francois I of France Profits and public-mindedness are often at odds. A business’s aim is to make money, and most of the time, concerns about social good are secondary at best, frequently touted for public-relations purposes.

One exception is benefit corporations, companies that explicitly set out to do right by their workers, society, and the environment. The nomenclature is relatively new—the first companies to be officially certified as “B Corps” received the title in 2007 , and many […]