Amanda Aronchik
๐ค SpeakerAppearances Over Time
Podcast Appearances
That is where we left the story back in 2019. And since then, the researchers have been busy. They're known as the Opportunity Insights team based at Harvard. And they have put out a steady stream of papers that have made the director, Raj Chetty, into something of an economic rock star.
Our own newsletter writer, Greg Rosalski, called him the Beyonce of economics because each new paper is like an album drop. Anyway, before we get to his latest release, we asked Raj Chetty himself to catch us up on the biggest hits or maybe findings since our original episode.
Our own newsletter writer, Greg Rosalski, called him the Beyonce of economics because each new paper is like an album drop. Anyway, before we get to his latest release, we asked Raj Chetty himself to catch us up on the biggest hits or maybe findings since our original episode.
Our own newsletter writer, Greg Rosalski, called him the Beyonce of economics because each new paper is like an album drop. Anyway, before we get to his latest release, we asked Raj Chetty himself to catch us up on the biggest hits or maybe findings since our original episode.
His new paper called Changing Opportunity is about how the gap between rich and poor is changing over time. So is it more or less likely that a poor kid will end up rich? So to do this, they looked at data from 57 million people born between the late 1970s and early 1990s.
His new paper called Changing Opportunity is about how the gap between rich and poor is changing over time. So is it more or less likely that a poor kid will end up rich? So to do this, they looked at data from 57 million people born between the late 1970s and early 1990s.
His new paper called Changing Opportunity is about how the gap between rich and poor is changing over time. So is it more or less likely that a poor kid will end up rich? So to do this, they looked at data from 57 million people born between the late 1970s and early 1990s.
So if you grow up in a community where more of the adults are working, you have more of a shot at rising up. And over time... low-income white communities saw steep drops in employment rates compared to Black communities.
So if you grow up in a community where more of the adults are working, you have more of a shot at rising up. And over time... low-income white communities saw steep drops in employment rates compared to Black communities.
So if you grow up in a community where more of the adults are working, you have more of a shot at rising up. And over time... low-income white communities saw steep drops in employment rates compared to Black communities.
Raj says he was surprised at how fast some places changed in just over a decade or so. Some communities created more opportunity. Many low-income Black communities, for instance. And even if some other ones changed in the wrong direction, the idea that opportunity can change in a given place is hopeful to him.
Raj says he was surprised at how fast some places changed in just over a decade or so. Some communities created more opportunity. Many low-income Black communities, for instance. And even if some other ones changed in the wrong direction, the idea that opportunity can change in a given place is hopeful to him.
Raj says he was surprised at how fast some places changed in just over a decade or so. Some communities created more opportunity. Many low-income Black communities, for instance. And even if some other ones changed in the wrong direction, the idea that opportunity can change in a given place is hopeful to him.
He says the biggest and most powerful way to find opportunity for a given kid from a poor family is still to move to opportunity. But he's making progress on figuring out what changes opportunity in a given place. So you can watch for more studies to drop on that front over the next few years. Now that we know who will be president in 2025, help us make episodes that you want to hear.
He says the biggest and most powerful way to find opportunity for a given kid from a poor family is still to move to opportunity. But he's making progress on figuring out what changes opportunity in a given place. So you can watch for more studies to drop on that front over the next few years. Now that we know who will be president in 2025, help us make episodes that you want to hear.
He says the biggest and most powerful way to find opportunity for a given kid from a poor family is still to move to opportunity. But he's making progress on figuring out what changes opportunity in a given place. So you can watch for more studies to drop on that front over the next few years. Now that we know who will be president in 2025, help us make episodes that you want to hear.
What questions do you have about a second Trump presidency? Email us at planetmoneyatnpr.org or message us on social media. We are at Planet Money. Today's episode was originally produced by Aviva de Kornfeld and edited by Bryant Urstadt. This update was produced by Sean Saldana, and it was fact-checked by Sierra Juarez. Our executive producer is Alex Goldmark. I'm Amanda Aronchik. This is NPR.
What questions do you have about a second Trump presidency? Email us at planetmoneyatnpr.org or message us on social media. We are at Planet Money. Today's episode was originally produced by Aviva de Kornfeld and edited by Bryant Urstadt. This update was produced by Sean Saldana, and it was fact-checked by Sierra Juarez. Our executive producer is Alex Goldmark. I'm Amanda Aronchik. This is NPR.
What questions do you have about a second Trump presidency? Email us at planetmoneyatnpr.org or message us on social media. We are at Planet Money. Today's episode was originally produced by Aviva de Kornfeld and edited by Bryant Urstadt. This update was produced by Sean Saldana, and it was fact-checked by Sierra Juarez. Our executive producer is Alex Goldmark. I'm Amanda Aronchik. This is NPR.
Thanks for listening.