Current:Home > StocksThe secret to upward mobility: Friends (Indicator favorite) -PureWealth Academy
The secret to upward mobility: Friends (Indicator favorite)
View
Date:2025-04-24 09:48:18
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! (97)
Related
- Average rate on 30
- German authorities halt a search for 4 sailors missing after 2 ships collided in the North Sea
- Some companies using lots of water want to be more sustainable. Few are close to their targets
- USPS touts crackdown on postal crime, carrier robberies, with hundreds of arrests
- Skins Game to make return to Thanksgiving week with a modern look
- Olympic gold medalist Tara Lipinski and husband Todd Kapostasy welcome baby via surrogate
- In Rhode Island, a hunt is on for the reason for dropping numbers of the signature quahog clam
- A warmer than usual summer blamed for hungry, hungry javelinas ripping through Arizona golf course
- DoorDash steps up driver ID checks after traffic safety complaints
- Judge reinstates charges against Philadelphia police officer in fatal shooting of Eddie Irizarry
Ranking
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Man with previous conviction for IS membership detained in Germany, suspected of murder plan
- Man trapped in jewelry vault overnight is freed when timer opens the chamber as scheduled
- Mother of Muslim boy stabbed to death in alleged hate crime issues 1st remarks
- Travis Hunter, the 2
- See the 'ghost' caught on video at a historic New England hotel: 'Skeptic' owners uneasy
- Man indicted on murder charge in connection with disappearance of girl more than 20 years ago
- Facing dementia without a diagnosis is crushing. A new program in Kenya offers help
Recommendation
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
You'll Be Crazy in Love With the Birthday Note Beyoncé Sent to Kim Kardashian
Illinois man who pepper-sprayed pro-Palestinian protesters charged with hate crimes, authorities say
After 4 years, trial begins for captain in California boat fire that killed 34
What to watch: O Jolie night
After off-duty Alaska Airlines pilot is accused of crash attempt, an air safety expert weighs in on how airlines screen their pilots
Why offshore wind is facing headwinds
FDA says the decongestant in your medicine cabinet probably doesn't work. Now what?