Sunday, July 23, 2017


Too little attention is being paid to new analyses showing that people of all racial and ethnic groups are losing confidence in the core American principle that hard work is a means to upward mobility. This will have long-term economic costs as low-income Americans increasingly see few benefits of education or hard work for themselves and their children.

"America: The Forgotten Poor," Jeff Madrick, New York Review of Books, June 22, 2017, pp. 49-50.