Local areas with higher intergenerational mobility display faster economic growth over the 2000–2013 and 2007–2013 periods. This is true when intergenerational mobility is measured in both relative and, especially, absolute terms. In the reverse direction, the paper provides suggestive evidence that faster growth enhances economic opportunity.Read More

While much has been made of the details of the Industrial Revolution, what remains a mystery is why it took place at all. Celebrated economic historian, Joel Mokyr argues why Enlightenment culture sparked the Industrial Revolution.Read More

During the last third of the twentieth century, political philosophers actively debated about the content of distributive justice; the ruling ethical view of utilitarianism was challenged by various versions of equality of opportunities.Read More