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Quoting the Crisis
31/01/2012
“ One lesson that can be drawn from this look backward at past U.S. migration is that geographic mobility and economic mobility were closely linked for much of the nation’s history. The US had exceptionally high rates of economic mobility in the nineteenth century, compared to older European countries. The second is that going forward, geographic mobility will be less closely linked to economic mobility. The U.S. has become more economically homogenous. Americans now experience, if anything, somewhat less income mobility across generations than many Europeans. „
(
Source:
Joseph Ferrie in A Nation No Longer On The Move (Part II) : Planet Money : NPR
)
