Keep pulling the thread on Steve Kaplan.
Companies graduating from the University of Chicago's New Venture Challenge have raised over $1.5 billion in funding.
In the last 25 years in the United States, the per capita income growth for the bottom 50% of the population was between 0% and 10%.
In the last 25 years in the United States, the per capita income for the top 0.01% of the population increased by 100% to 200%.
According to research by Auten and Splinter, real after-tax per capita income for the bottom 50% of the U.S. population increased by two-thirds from 1980 to 2022.
In the United States, it takes an average of five generations for a low-income family to reach the median income level, compared to two in Denmark and Norway, and four in Germany.
Luigi Zingales attributes the U.S. opioid crisis to marketing incentives that led McKinsey & Company to help Purdue Pharma aggressively sell opioids.
The economic impact of China's integration into the global economy, known as the 'China shock,' was devastating to the U.S. Midwest, according to research by David Autor.
A Government Accountability Office (GAO) study found that a significant portion of employees at large U.S. companies earn wages so low they still qualify for federal benefits like food stamps.
The New Venture Challenge at the University of Chicago has graduated over 370 active companies, including GrubHub, Braintree, and Simple Mills.
In the United States, after-tax income or after-tax consumption for every quintile has increased markedly since 1980.
According to research by Bruce Meyer at the Harris School, 68% of the American public believes poverty has increased over the last 25 years.
In the United States, the absolute poverty rate, using a 1980 baseline, fell from 13% to under 3% in 2018.