One of our first topics is the death of the American Dream -well, at least I think the dream is dead. I recently gave a talk at the LCC Centre for Engagement on the question. Based on the historical analysis I’ve done, I’ve concluded it is indeed dead. So below here you’ll see a link to my blog post on the topic. I wrote a little about how I approached the topic and then I’ve got my Powerpoint slides embedded in the post and links to five other articles that formed some of the main sources I used for my analysis.
Additional articles to read related to this blog post (links are both here and contained in the above blog post from Econproph.com)
- The American Dream, Quantified at Last, by David Leonhardt in NYTimes, based on research by a team of economists led by Raj Chetty .
- Upward Mobility declines sharply as the rich make off with the growth – by Bill Mitchell on Billy Blog.