Across the globe, people always seek more opportunity for themselves and for their children. The last several decades have seen a steady increase in living standards, particularly in wealthy nations—but has this translated into feelings of better opportunities for success than previous generations? To answer this question, and others related to attitudes regarding economic opportunity and mobility, Archbridge Institute Honorary Advisor Dr. Scott Winship analyzes poll results from rich nations and compares them to historical trends.
Gonzalo Schwarz, president and CEO of the Archbridge Institute, reviews the literature and examines recent studies on the importance of structural factors in understanding economic mobility. He finds that the analysis raises quite a few questions and notes that expanding the opportunity to climb the income ladder should be the main focus of the inequality and mobility debate.
In “Deserting Workers? Barriers to Work in New Mexico,” Dr. Edward Timmons and Conor Norris highlight how occupational licensing restrictions are holding back New Mexicans attempting to climb the income ladder. Building on previous research that tracked state-by-state growth in low- to moderate-income occupations requiring a license, the researchers also suggest solutions for policymakers looking to expand economic opportunities.