Is the American Dream Really Dead?

About this episode   English    United States

Just a few decades ago, more than 90 percent of 30-year-olds earned more than their parents had earned at the same age. Now it's only about 50 percent. What happened -- and what can be done about it?

In this podcast
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00:00:37let's start today with a pop quiz
00:00:42in 1970 what percentage of 30 year olds in America earning more money than their parents at earned at that age adjusted for inflation of course that is number 1 and number 2 what percentage of American 30 year olds today I'll give you a second to think it over
00:01:05alright you ready for the answer the percentage of American 30 year olds in 1970 running more than their parents during 2:30 was 92% that amazing t...
About this podcast
By Stephen J. Dubner and WNYC Studios
In their books "Freakonomics," "SuperFreakonomics" and "Think Like a Freak", Steven D. Levitt and Stephen J. Dubner explore "the hidden side of everything," telling stories about cheating schoolteachers and eating champions while teaching us all to think a bit more creatively, rationally, and productively. The Freakonomics Radio podcast, hosted by Dubner, carries on that tradition with weekly episodes. Prepare to be enlightened, engaged, perhaps enraged, and definitely surprised.
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