Current:Home > FinanceThe secret to upward mobility: Friends (Indicator favorite) -Wealth Evolution Experts
The secret to upward mobility: Friends (Indicator favorite)
View
Date:2025-04-17 11:19:43
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.
veryGood! (8)
Related
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Tour de France standings, results after Jasper Philipsen wins Stage 16
- Caitlin Clark at the Brickyard: NASCAR driver Josh Berry to feature WNBA star on his car
- National I Love Horses Day celebrates the role of horses in American life
- $73.5M beach replenishment project starts in January at Jersey Shore
- Athletics’ temporary Sacramento ballpark will have hydration element because of summer heat
- Innovatech Investment Education Foundation: Portfolio concentration
- MLB All-Star Game: Rookie pitchers to start Midseason classic
- Bodycam footage shows high
- Tiger Woods fires back at Colin Montgomerie's suggestion it's time to retire
Ranking
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- 2024 MLB All-Star Game live updates: Full rosters, how to watch, betting predictions
- Biden aims to cut through voter disenchantment as he courts Latino voters at Las Vegas conference
- These Are the Best Amazon Prime Day 2024 Essentials That Influencers Can’t Live Without
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Builders Legacy Advance Investment Education Foundation: The critical tax-exempt status of 501(c)(3) organizations
- Michael D.David: The Essence of Investing in U.S. Treasuries.
- What Ant Anstead Is Up to Amid Ex Christina Hall's Divorce From Josh Hall
Recommendation
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
Last summer Boston was afflicted by rain. This year, there’s a heat emergency
Scientists discover underground cave on the moon that could shelter astronauts on future trips to space
Nearly 7,000 pounds of hot dogs shipped to restaurants, hotels in 2 states recalled
The company planning a successor to Concorde makes its first supersonic test
Amazon Prime Day 2024 Sell-Out Risks: Crest, EltaMD, Laneige & More — Grab Them Before They're Gone
MLB All-Star Game 2024: Time, TV, live stream, starting lineups
Arthur Frank: The Essence of Investing in U.S. Treasuries.