In the News:
- Interactions Matter: A sweeping, two-paper study that examined data from the Facebook accounts of 84% of U.S. adults (ages 25 to 44) finds that children who had relationships with peers from higher-income families were more likely to end up with higher incomes as adults.
- What a Phrase: Coined in 1931, the phrase "American Dream" has inspired hope in generations of Americans and people around the world. However, in recent years, politicians from both sides of the aisle in the U.S. have sought to politicize the term. In a controversial article published in the New York Times, the debate around who owns the American Dream continues.
- The Remote Impact: A new study for the National Bureau of Economic Research finds that the demand for more space to accommodate working from home accounts for over half of the 23.8% national housing price increase. The increase comes as nearly 4.3 million Americans quit their in-office jobs last year, choosing to earn through freelance and remote work.