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Late last year (December 2016), an interesting academic research paper was released by the National Bureau of Economic Research – The Fading American Dream: Trends in Absolute Income Mobility Since 1940 – which provides stark evidence of the way in which...

If the new generation can’t do better than their parents, is the American Dream dead? (Photo: Beth Rankin) Our latest Freakonomics Radio episode is called “Is the American Dream Really Dead?” (You can subscribe to the podcast at iTunes or elsewhere...

Thanks to all of you who have contributed to this post with your corrections and comments. A POINT OF VIEW The Great Debate has begun.   On Monday, the second of February, 2015, the President of the United States submitted his budget to the Congress...

It may not be a huge surprise that the American Dream of homeownership took a huge hit in the years since the housing market meltdown and financial crisis of 2007-2008. Despite rising home prices in a recovering market , those years of the Great Recession...

The Putz has decided to tell us about “College, the Great Unequalizer.”  He states that the campus party culture ends up protecting the privileged.  “Rima Rigas” from Mission Viejo, CA had this to say in the comments...