Melissa Kearney on Social Mobility and Divergent Family Structure

Hank welcomes Melissa Kearney (Director of The Aspen Economic Strategy Group and Economics Professor at University of Maryland) to the podcast to discuss her new book, The Two-Parent Privilege, which explores the rise of single-parent households and the benefits two-parent homes provide for children. Kearney looks at widening inequality, eroding social mobility, divergent family structure, and why marriage is so important for children. They talk about potentially controversial takes in the book, the social and economic reasons for declining marriage rates, and the importance of investing in America’s youth.

Melissa Kearney previously appeared on the second season of Straight Talk with Hank Paulson, stream that episode:   • Economics, Economic Literacy, and Pol...  

0:00 Intro
3:02 The Two-Parent Privilege
4:53 Why it's Controversial to Say Two Parents are Better than One
8:43 The Importance of Marriage
11:25 Marriage Rates Differ Among Different Classes
13:06 US Marriage Rates
15:52 Modern Boys Struggling in Society
21:50 Breaking the Cycle
27:03 Trends in US Childbearing
30:20 Current US Economic Trends & Predictions
34:50 Investing in Youth
39:11 Advice for Young People
42:43 Outro

#singleparents #inequality #marriage
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