Don't miss this: Last day to save up to 83% on a Hartford Courant digital subscription
Topics

Alan Krueger

Experts debate income, opportunity, fixing success ladder

How did you get where you are today? Alan Krueger says you can give most of the credit to the financial status of your parents. Krueger, past chairman of the Council of Economic Advisers in the Obama administration, put forth that idea in a 2012 speech when he introduced the Great Gatsby curve, a graph that showed that the more inequality that exists between the rich and the poor, the harder it is for low-income people to climb up the socioeconomic ladder. Now a professor of economics at Princeton University, he says he was inspired to begin his research because he was "concerned that the three-decades-long rise in inequality could be reducing social mobility." The curve,...

Loading
84°