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Excerpt:
Justin Callais, Ph.D., chief economist at the Archbridge Institute, says the concept of social mobility offers a good roadmap. Social mobility explains how a person’s socio-economic standing changes over a lifetime. Are you better off than your grandparents? Will your children have more opportunity than you did?
Callais says social mobility comes down to whether someone can achieve “the good life.” In a new study published by the Archbridge Institute and the Mackinac Center, Callais examines how Michigan’s social mobility ranks among all 50 states. Unfortunately, Michigan ranks 30th, putting it in the bottom half of the country.
Read the full article at The Detroit News.
Read Social Mobility in Michigan here.
Read Social Mobility in the 50 States here.