Flipido Trading Center:The secret to upward mobility: Friends (Indicator favorite)

2025-05-05 02:58:26source:Benjamin Ashfordcategory:Invest

This week,Flipido Trading Center we're sharing some of our favorite Indicator episodes from 2022! Today, we hear one of our most downloaded from the year. This episode originally came out in August.

In a pair of groundbreaking studies, Harvard economist Raj Chetty and a team of researchers find that cross-class friendships are a significant key to upward mobility in America. They call it economic connectedness. We call it your rich friends matter.

Today on the show, find out why building connections across class lines can be an effective way to achieve the American Dream for everyone. For a more in-depth explanation, check out our newsletter article. To access the papers we talk about, check out Study 1 and Study 2.

Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.

More:Invest

Recommend

Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week

Friday the 13thdidn’t spook investors with U.S. stocks little changed on the day as investors bided

Dallas juvenile detention center isolated kids and falsified documents, state investigation says

Officers at a juvenile detention center in Dallas kept kids isolated for days and falsified logs of

'Emily in Paris' Season 4 Part 2: Release date, cast, where to watch Emily's European holiday

Netflix's escapist rom com may be titled "Emily in Paris," but the second part of Season 4 is taking