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The state’s next governor should endorse New Mexico Development Accounts

October 15, 2017 ·  · Topic: Economic Mobility  · Relevance: not sure


Chronically among the poorest states, New Mexico received the dubious distinction in 2015 of being ranked 51st by the Measure of America, behind Nevada and Mississippi, which is based on 16 indicators related to the economy, education and community. New Mexico’s drop to last place is a signal that the next governor must redouble efforts to increase the prospects for New Mexicans.

New Mexico Development Accounts represent an innovative model for accelerating the upward mobility of New Mexicans. Integrating behavioral economics, asset building and impact investing, NMDAs represent a new social contract between citizens and government.

• The default for an […]

George Soros Funded A Study Of White Working-Class Voters Who Support Trump. Here’s What He Found

October 14, 2017 ·  · Topic: Economic Mobility  · Relevance: not sure

George Soros Getty Images/Olivier Morin

George Soros Getty Images/Olivier Morin A recently-released research study sheds light on the values of white working-class voters in the United States and the reasons these voters strongly supported Donald Trump in the 2016 presidential election.

Three researchers from three different universities authored the study, titled “ White Working-Class Views on Belonging, Change, Identity and Immigration .”

Open Society Foundations , a network of political organizations controlled by left-wing billionaire George Soros , funded the study.The trio of researchers conducted the study by visiting four places between August 2016 and March 2017: Birmingham, Alabama; Dayton, Ohio; Tacoma, Washington; Phoenix, Arizona; […]

The impact of caste on economic mobility in India

October 14, 2017 ·  · Topic: Economic Mobility  · Relevance: not sure

Caste networks play an unusually important role in shaping economic mobility in the Indian economy. Photo: AFP

Caste networks play an unusually important role in shaping economic mobility in the Indian economy. Photo: AFP The caste system is arguably the most distinctive feature of Indian society. The Indian population is divided into four hierarchical classes, or varnas , with a large sub-population of untouchables excluded entirely from the system. Within each of these classes, and among the untouchables, are thousands of castes, or jatis . The central rule in Hindu society is that individuals must marry within their own caste. Recent genetic evidence indicates that this rule has been followed for over 2,000 years. Spatial segregation […]