And more importantly, "mobility for who?"
In this first lecture of #EconomicsOfChildhood Professor Durlauf introduces the economics of mobility and gives an overview of why economics studies the inequality of opportunity. Using the United States as the primary example in the series, he provides the historical and current evidence of how economics identifies the inequality of opportunity and income inequality in general. He reminds us of the two different lenses scholars can examine mobility, intergenerationally (comparing parents to their children) and intragenerationally (social movements throughout one’s lifeline). Overall, he advocates the important concept of “education as steppingstone” when thinking about mobility.
Learn more at http://economicsofchildhood.org/