Current:Home > FinanceThe secret to upward mobility: Friends (Indicator favorite) -NextGenWealth
The secret to upward mobility: Friends (Indicator favorite)
View
Date:2025-04-17 00:32:35
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! (2)
Related
- Don't let hackers fool you with a 'scam
- 'Miracle house' owner hopes it will serve as a base for rebuilding Lahaina
- 3 dead, 6 injured in mass shooting at Southern California biker bar, authorities say
- Iowa man dies while swimming with son in Alaska's Lake Clark National Park
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Forever 21 stores could offer Shein clothing after fast-fashion retailers strike a deal
- Nvidia riding high on explosive growth in AI
- Messi, Inter Miami defeat Cincinnati FC: Miami wins dramatic US Open Cup semifinal in PKs
- Grammy nominee Teddy Swims on love, growth and embracing change
- Alec Baldwin's request to dismiss 'Rust' civil lawsuit denied by judge
Ranking
- DoorDash steps up driver ID checks after traffic safety complaints
- Hopeful signs of an economic ‘soft landing’ emerge in Jackson Hole as Fed meets with world watching
- Pete Davidson and Chase Sui Wonders Break Up After 8 Months
- Italian leader tones down divisive rhetoric but carries on with pursuit of far-right agenda
- All That You Wanted to Know About She’s All That
- Police discover body in shallow grave in Vermont man's backyard
- Iowa's Noah Shannon facing year-long suspension tied to NCAA gambling investigation
- Zimbabwe’s election extends to a second day after long ballot delays. Some slept at polling stations
Recommendation
Trump's 'stop
Ruth Bader Ginsburg stamp to be unveiled at U.S. Postal Service ceremony
Uber raises minimum age for most California drivers to 25, saying insurance costs are too high
Jurors convict Alabama woman in 2020 beating death of toddler
'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
Climate change hits emperor penguins: Chicks are dying and extinction looms, study finds
AP Week in Pictures: North America
Powerball jackpot reaches $313 million. See winning numbers for Aug. 23