Had a discussion with my brother earlier today where he claimed that the US has the greatest potential for social mobility of any other country in the world and that is what makes America so great. Is he right? I did some research, which I detail at length in this episode.
References:
https://corporatefinanceinstitute.com/resources/economics/social-mobility/
https://www.brookings.edu/wp-content/uploads/2016/07/02_economic_mobility_sawhill_ch3.pdf
https://www.worldeconomics.com/Rankings/Economies-By-Inequality.aspx
https://www.statista.com/topics/789/wages-and-salary/#topicOverview
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