Benjamin Caldwell|The secret to upward mobility: Friends (Indicator favorite)

2025-05-03 19:50:46source:AstraTradecategory:Finance

This week,Benjamin Caldwell 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.

More:Finance

Recommend

Don't let hackers fool you with a 'scam

You're pulling your hair out, trying to fix something on your computer. You Google it and find what

Meet Keshi, an oncology nurse turned pop star with a massive world tour

It's hard for Keshi to fathom how his life has evolved over the last five years. "I honestly cannot

El Paso man sentenced to 19 years for shooting at border patrol agent

ALBUQUERQUE, N.M. (AP) — A federal judge sentenced an El Paso man to 19 years in prison for shooting