Inequality: How Does the US Compare with the Rest of the World?
Three articles from Decisions Based on Evidence, on the idea of inequality:
- A general comparison of the US to the rest of the world
- Intergenerational economic mobility
- The effect of early childhood education
“The United States is one of the richest nations on earth, but on a number of social and economic measures, it is more typical of a developing country.”
A Comparison of Intergenerational Earnings Mobility in the Nordic Countries, the United Kingdom and the United States
In all the countries studied, children tended to follow their fathers in relative earnings. However, economic mobility is lowest in the US.
“In the U.S. [there is] a particularly high likelihood that sons of the poorest fathers will remain in the lowest earnings quintile. This is a challenge to the popular notion of ‘American exceptionalism’.”
The Key Role of Early Childhood Education in Explaining Social Mobility Differences Between US and Other Countries
Raj Chetty (in an interview on CNN) was asked what other countries do well, compared to the USA:
“If I were to offer a candid hypothesis, it would come back to early childhood education or school quality more generally, things related to segregation or the degree of inequality.”
You can read those articles for a more full explanation.