GUEST OPINION
Race vs. class in achieving the American dream
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In designing policies to promote upward mobility, new research suggests, class ought to be given as much and maybe even more weight than race.
Rochester Beacon (https://rochesterbeacon.com/author/amitrajeet-batabyal/)
In designing policies to promote upward mobility, new research suggests, class ought to be given as much and maybe even more weight than race.
The ruling Harrington v. Purdue Pharma ensures that the wealthy and the powerful are not able to use the nation’s bankruptcy code to evade accountability.
President Joe Biden’s recent decision to quadruple the tariff on Chinese electric vehicles will not increase EV ownership here and nationwide, which is needed to fight climate change.
The seemingly private decision about building a family is no longer private with clear and negative environmental effects for present and future generations.
When businesses move to a cashless environment, the poor in Rochester and elsewhere are hurt.
New research has generated considerable debate among economists about whether income inequality actually is rising—an important question for both Rochester and the U.S.
New research suggests that small companies engaged in costly and uncertain research and development are not able to capture the full benefits from their R&D efforts due to spillovers.
Among community college students, degree completion and upward transfer rates are both low. But two-year institutions boost the mobility and the earnings of low-income students.
Disadvantaged students need affirmative action, but the concept of disadvantage should be holistic, placing more weight on a person’s class and less weight—if any—on this person’s race.
New research points to a causal connection between the rise of knowledge-intensive activities and an increase in economic segregation in urban areas.