Economic 'Inequality' isn't the Problem

We hear a lot about "economic inequality" as a growing problem in the nation. However, we don't hear nearly as much about what really matters to most people: economic mobility.

Economic mobility is the simple idea that we're capable of bettering our lot in life – that we have the ability to build a business, learn a new skill or find a better job and start climbing into higher socioeconomic classes.

Justin T. Callais, PhD, is a research fellow at the Archbridge Institute and the lead researcher for the institute's Social Mobility Index project. He joined the podcast to discuss why this metric should matter more to academics and policymakers than merely measuring the "inequalities" between social classes.