Mind the gap!

New research from Stanford suggests that America’s cities are becoming increasingly segregated by educational levels. According to a paper by Rebecca Diamond, Asst Prof of Economics at the Graduate School of Business, America’s cities are dividing themselves into two groups, with college-educated workers living in “desirable” places that less-educated Americans cannot afford. “High-skill workers value communities where the amenities are considerable, “Diamond said in an interview. “The non-college educated value these areas, but they cannot afford the housing.” Coming on the tail of Thomas Piketty’s book Capital in the Twenty-first Century and its discussion of income disparities,  is this yet another fact on the pile to suggest that an economic crack in America is widening into a sociological Grand Canyon?


Leave a Reply


| Main


Creative Commons License

Stanford Graduate School of Business Library | Blogger Login