Where is the Land of Opportunity?

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Title: Where is the Land of Opportunity? The Geography of Intergenerational Mobility in the United States Authors: Raj Chetty, Nathaniel Hendren, Patrick Kline, Emmanuel Saez Funder: National Bureau of Economic Research Published: January, 2014   Where is the Land of Opportunity   In this landmark study, the authors argue persuasively that decreased upward mobility in the United States… Read more »Read more

The War on Unemployment

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The hottest issue in American politics is income inequality. Inequality is to be the central theme of President Obama’s State of the Union speech. This discussion is of special interest to residents of the District of Columbia because DC is among the most unequal places in the country. Income inequality and its Siamese twin, the… Read more »Read more

Center for Regional Analysis 2014 Overview

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Attached is Dr. Stephen Fuller’s 2014 regional economic overview as presented at Cardinal Bank & George Mason University’s 22nd annual economic conference. While the presentation focuses on the region as a whole, much of the information is relevant to the District’s economy, employment prospects and growth. Center for Regional Analysis 2014 Regional OverviewRead more

McKinsey: Education to Employment — Europe

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The youth unemployment rate in Europe is 25%. In some countries, like Spain, it is over 50%. The youth unemployment rate in the United States is also alarmingly high. In this paper, the McKinsey Global Institute offers solutions for high youth unemployment rates in Europe. The same lessons apply here. McKinsey — Education to Employment… Read more »Read more