Geographic Mobility Offers Workers Huge Advantages, So Why Aren't They Moving?
Economics: The advantages of geographic mobility | IN 60 SECONDS
What will it take to jumpstart the United States economy? AEI President Arthur Brooks argues that greater geographic mobility within the United States could ...
Americans used to move when a good job opportunity presented itself in another location. Not so anymore, and that's a problem for the economy.
Social scientist Arthur Brooks describes the issue with a sense of urgency, offering a powerful description of the situation:
Millennials are moving out and starting their own lives at an historically low pace. Older people feel trapped in undervalued homes, waiting on the housing market. And some safety net programs trap vulnerable Americans in place, instead of helping them move to new opportunities.
What does he think we could do to solve this? He offers several solutions. Watch the attached video.