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Tag Archives: social structure
How Equal or Unequal is Your County in Income Distribition?
The following graph depicts inequality in income distribution using the Gini index, measuring household income inequality for counties in the United States, based on American Community Survey data pooled from 5 years (2006 to 2010). Recall the Gini index varies … Continue reading
40% of Rich Children Remain Rich as Adults; 43% of Poor Children Remain Poor as Adults
The Pew Economic Mobility Project continues to lead in studying social and economic mobility. Here’s their latest findings, summarizing the effect of social origins on economic mobility. The new report conveys mixed findings. The authors say, “While 84 percent of … Continue reading
Posted in Economy, Income Distribution, Inequality, Mobility, Socio-economic Status, Wealth
Tagged absolute mobility, American Dream, economic mobility, economy, income distribution, inequality, relative mobility, SES, social mobility, social stratification, social structure, socio-economic status, wealth
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“The Better the Meritocracy, the Faster Social Mobility will Decline?”
A key question of our time is whether Charles Murray, an American libertarian political scientist and a fellow at the American Enterprise Institute, is correct in believing, “The better the meritocracy, the faster social mobility will decline. The better the … Continue reading
It’s All Connected: Inequality, Trust, Fairness and Happiness
Another Study Confirms Inequality Matters Despite great increases in GDP American’s over the past 50 years do not report being more happy. In other countries a direct relationship between economic growth and happiness has been observed but not in the … Continue reading