If U.S. schoolteachers are indeed “just a little bit below average,” it’s not really their fault. So what should be done about it?
Just a few decades ago, more than 90 percent of 30-year-olds earned more than their parents had earned at the same age. Now it’s only about 50 percent. What happened — and what can be done about it?
For years, economists promised that global free trade would be mostly win-win. Now they admit the pace of change has been “traumatic.” This has already led to a political insurrection — so what’s next?
Season 6, Episode 24 This week on Freakonomics Radio: Stephen J. Dubner asks, “Is the American Dream Really Dead?” For years, the U.S. government has been trying to make the American Dream a reality. So how successful have these efforts been? Plus: has China eaten all of America’s jobs? To find out more, check out the podcasts from which this hour was . . .
Harvard economist Raj Chetty uses tax data to study inequality, kid success, and social mobility. He explains why you should be careful when choosing your grade school teachers — and your friends.
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