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
Transcript
00:00:00Freakonomics radio is supported by swell investing an impact investing platform invest in high-growth companies that are solving today's biggest challenges like clean water disease eradication and renewable energy claim your $50 bonus through swell investing.com freak Gillette on demand delivering you the quality razors you need without the hassle of long-term commitments choose from several different razors and adjust your order as often as you like pain and how often you shave it sounds pretty easy right learn more at Gillette on demand. Com
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.
Episodes like "Is the American Dream Really Dead?"   ·   View all
Disclaimer: The podcast and artwork embedded on this page are from Stephen J. Dubner and WNYC Studios, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.