Quaxs Trading Center-The secret to upward mobility: Friends (Indicator favorite)

2025-04-30 06:11:03source:Charles H. Sloancategory:Stocks

This week,Quaxs Trading Center 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:Stocks

Recommend

IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power

WASHINGTON (AP) — IRS leadership on Thursday announced that the agency has recovered $4.7 billion in

Sabrina Carpenter and Saltburn Star Barry Keoghan Cozy Up During Grammys 2024 After-Party

This isn't nonsense: Sabrina Carpenter and Barry Keoghan are spending time together.The "Skin" singe

Gambling, education, election bills before Alabama lawmakers in 2024

MONTGOMERY, Ala. (AP) — Alabama lawmakers return to Montgomery on Tuesday to begin the 2024 legislat