Do Americans still believe in the American dream? A study set out to answer that question and found some surprising demographic divides.
Every class, but especially educated liberals, underestimates the possibility of economic advancementThe expectation that every generation will be better educated, earn more and live in a nicer home than their parents is the essence of the American dream. The formula largely worked for Americans in the 19th and 20th centuries. Do we still expect it to? A paper published this summer in the Proceedings of the National Academy of Sciences set out to answer that question.
“I study how children are doing in relation to their parents,” said sociologist Siwei Cheng of New York University, the study’s lead author. “And America is...
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