Gero - Blog Post 5
A few weeks ago, I attended a talk at the Athenaeum with Harvard Professor of Economics, Raj Chetty. Professor Chetty discussed how a person’s neighborhood affects their social and economic mobility, as well as how to create opportunities for upward mobility for people in low-income neighborhoods. These people are, in Professor Shelby’s words, the ghetto poor. In addition to race as a determinant of upward mobility, Professor Chetty presented other factors like conditions of childhood, two parent homes, quality public schools, and social capital. Professor Chetty especially emphasized the importance of mixed-income neighborhoods in providing upward social mobility for low-income individuals. Moving from a low-income neighborhood (like a ghetto), to a mixed-income neighborhood caused a dramatic change in an individual’s social and economic mobility and life expectations. All of the evidence Professor Chetty provided ...