But were there social insulating factors that are now absent?
https://www.nytimes.com/2020/12/09/opinion/trump-social-status-resentment.html
..that there was once a “sufficient” level to achieve?
Marcus
From: Friam <[hidden email]> On Behalf Of
David Eric Smith
Sent: Wednesday, December 9, 2020 5:25 AM
To: The Friday Morning Applied Complexity Coffee Group <[hidden email]>
Subject: [FRIAM] More on social mobility
To continue to try to add raw material to the discussion that EricC took up on this when I made some overly-simple claims earlier, here is a Brookings summary article on work by Raj Chetty (cited in the earlier thread as well):
A thing I find striking in Chetty’s output is how many compilations he can produce that make statistical analysis superfluous. There are data that are so close to a perfect line that there is little for a regression to do, or that are
so consistent with time-constancy that there is no suggestion of a signal to look for other than stasis. A lot of it seems to come from finding good conditions on which to bin data, though the bin categories do not seem highly artificial or cherry-picked,
to me.
I got to the above from an article by Edsall that, again, seems to me well-sourced:
So probably necessary to refuse to speak in sound-bites about income or wealth mobility, and to use more complete sentences that refer to specific conditions, even though if one has that granularity, there are interpretations of the sound-bite
that mobility has been badly impaired that still seem correct, to me.
EricS
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