Question

summarize the article "the economist who would fix the american dream"?

Discuss the implications of dr. Chetty's work on the study of income inequality and poverty. How does this work raise the possible?

Answer 1

The article "the economist who would fix the American dream" first introduces Dr. Chetty, an Indian American, his parents, how his mother was lucky to have been able to go to a college, his father, who studied economics, how they ended up in the United States.

It further talks about Dr. Chetty's completion of studies, his emergence as a scholar, his brilliant work on income inequality and poverty, of putting up true picture of the United States, using all sorts of government data and other available data.

The implication of Dr. Chetty's work is that it makes people aware about the problems that people face in the United States, how some people end up being more successful than others. All this work can definitely be used by the US government, local, federal as well as state to better their policies to enable more equitable and inclusive growth.

For example, why Black Americans are less prosperous than other counterparts and how can the policies be formulated to ensure that their children do not face the same ill fate as their parents.