The Cost of Mobility
Mobility often comes with hidden costs that outweigh the perceived benefits, as illustrated by a family's struggle after following economic advice to chase better job opportunities. The tale of the Vanya family reveals the emotional toll of relocation, including strained relationships and the loss of a beloved pet. While there are undeniable gains from mobility, the losses—rooted in personal connections and stability—remain difficult to quantify and often overlooked.In this clip
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EconTalk
Stephen Marglin on Markets and Community
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