Wednesday, January 11, 2012

Fantasy of Horatio Alger

Working your way from rags to riches was once the American dream. Now it's more like the American fantasy.

Researchers have concluded that people in the United States enjoy less economic mobility than their peers in Canada and much of Western Europe.

http://www.nytimes.com/2012/01/05/us/harder-for-americans-to-rise-from-lower-rungs.html