Post Tagged 'Social classes'

March 08, 2017

Defending the bourgeois virtues

In this week’s Acton Commentary, “The middle class in an age of inequality,” I wonder who will defend the bourgeois virtues, if anyone will “speak out in praise of mediocrity, stability, and predictability.” Continue Reading...

February 13, 2017

Prosperity matters more than social mobility or income inequality

Social mobility is the ability of an individual or family to improve (or lower) their economic status. The two main types of social mobility are intergenerational (i.e., a person is better off than their parents or grandparents) or intragenerational (i.e., Continue Reading...

September 14, 2016

The most surprising fact about American poverty

Every year, the U.S. Census comes out with its report on incomes and poverty. And every year the same finding repeatedly surprises me. As economist David Henderson says, the report “always shows that there is mobility between income categories, even in the short run, and that poverty is temporary for most people in America who experience it. Continue Reading...