The United States may seem like a more divided place than ever before, but research suggests that notion may be more perception than reality. The cultural divide between different groups—rich and poor, conservative and liberal, educated and uneducated—exists, but it has been remarkably stable over the last 25 years, according to Chicago Booth’s Marianne Bertrand and Emir Kamenica. The things we buy, watch, and spend our time on are no more reliable as indicators of membership in various groups than they were a quarter century ago, the researchers conclude—though they also find evidence that political opinions have become more polarized over that time period.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vestibulum blandit vel justo sed accumsan. Nunc et pharetra nulla, non rutrum orci. Nullam eu risus congue, vestibulum lectus sed, pulvinar metus. Pellentesque at mauris eget neque dignissim sollicitudin a eu metus. Quisque hendrerit diam magna, et ornare mi efficitur et. Aenean non pulvinar neque, id pellentesque urna. Sed vitae sagittis arcu. Nunc malesuada purus eu enim maximus, quis mattis enim ullamcorper.
Chicago Booth’s Andrew Leon Hanna discusses how policymakers should respond to the global proliferation of displaced people.
The Economics of the Refugee Crisis
People are much more aware of how inflation erodes their savings than how it also lowers the real value of debt.
For Consumers, Inflation Has an Upside
Chicago Booth’s Raghuram G. Rajan explains why India’s strengths play to services-based development.
Capitalisn’t: Raghuram Rajan’s Vision of an Indian Path to DevelopmentYour Privacy
We want to demonstrate our commitment to your privacy. Please review Chicago Booth's privacy notice, which provides information explaining how and why we collect particular information when you visit our website.