The secret to upward mobility: Friends (Indicator favorite)

2024-12-24 11:08:56 source: category:Invest

This week, we're sharing some of our favorite Indicator episodes from 2022! Today, we hear one of our most downloaded from the year. This episode originally came out in August.

In a pair of groundbreaking studies, Harvard economist Raj Chetty and a team of researchers find that cross-class friendships are a significant key to upward mobility in America. They call it economic connectedness. We call it your rich friends matter.

Today on the show, find out why building connections across class lines can be an effective way to achieve the American Dream for everyone. For a more in-depth explanation, check out our newsletter article. To access the papers we talk about, check out Study 1 and Study 2.

Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.

More:Invest

Recommend

25 monkeys caught but more still missing after escape from research facility in SC

More than half of the monkeys that escaped a primate research facility last week in South Carolina h

What's next for NC State big man DJ Burns? Coach sees him as contestant on 'Dancing with the Stars'

There is no question that DJ Burns Jr. has become a national star during March Madness.The Wolfpack'

Kia recalls 427,407 Telluride vehicles for rollaway risk: See which cars are affected

Kia has recalled over 400,000 cars for increased rollaway risk while in park, according to the Natio