There's 2 types of mobility that Chetty studies - absolute and relative. Absolute has been declining, relative has been relatively stable.
No doubt we need to invest in kids, seems pretty logical its a sure fire return. The question is how and what. I'd toss out another often stated position of mine, increase highly educated immigrants and that's a pretty sure fire return also. The US is not making enough babies, we are below the replacement rate.
Last edited by Edward64 : 08-17-2019 at 05:36 PM.
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