Tag: Economic Mobility

Upward Mobility Has Not Declined

A new study finds that the odds of moving up the income ladder are the same today as they were 20 years ago, says the New York Times. The findings contradict widespread claims that a person’s chance for upward mobility is lower today than in the past. The study also examined another report by researchers who had observed children born between 1952 and 1975. Combining those results indicates that intergenerational mobility rates have been steady for the last 50 years. Absolute mobility — the measure of a person’s income compared to his parents’ — has also improved in recent years. Median family income is close to 12 percent higher today than it was in 1980, meaning that most adults… View Article

The Georgia Public Policy Foundation has been doing important work for the free enterprise movement for the past 20 years.  I can assure you from the vantage of a non-profit think tank in Washington, D.C. with much the same principles as GPPF that the work we do simply would not be possible if it were not for the important work that GPPF does.  We see it, we understand it, it is an inspiration to us, it is the kind of thing that will translate into the important work that we can do in Washington, D.C.  We thank you very much for that.

Arthur Brooks, President, American Enterprise Institute (2011) more quotes