The Fading American Dream: Economic Mobility has Nearly Halved Since 1940 (IMAGE)

American Association for the Advancement of Science (AAAS)

The Fading American Dream: Economic Mobility has Nearly Halved Since 1940

Caption

An infographic conveying results by Chetty et al., which reveal that the probability for children to attain a higher income than their parents has dropped dramatically -- from more than 90 percent for children born in 1940 to 50 percent for children born in the 1980s. This material relates to a paper that appeared in the 28 April 2017, issue of Science, published by AAAS. The paper, by R. Chetty at Stanford University in Stanford, CA, and colleagues was titled, 'The fading American dream: Trends in absolute income mobility since 1940.'

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Carla Schaffer / AAAS

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