The Myth of Rags to Riches
Economist Ran Abramitzky debunks the nostalgic view that immigrants in the past quickly moved from poverty to wealth. He reveals that both parts of the rags to riches story are incorrect, as some immigrant groups started off better than US-born workers while others struggled to catch up. However, the children of immigrants, both historically and today, exhibit remarkable upward mobility and outperform their American-born counterparts.In this clip
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EconTalk
Ran Abramitzky and Leah Boustan on Immigration Then and Now
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