News

Hard work might not be enough for economic success


July 2013

James Brock, Bill R. Moeckel Professor of Economics, was quoted in a July 23rd article in the Cincinnati Enquirer. The article detailed the findings from a study of income mobility across the country.

The study claimed to find that people born poor are more likely to stay poor in Cincinnati, Columbus and other metropolitan areas in the Tristate region. Jim Brock, a professor of economics at Miami University, said he wouldn't have expected to see both Cincinnati and Columbus highlighted as such stagnant areas.

"I would've said 30 years ago that the Midwest had that Rust Belt sort of image and it was hopeless and there were no jobs, but I don't think that's true anymore," he said. "I'm beyond surprised; I'm a little suspicious."

Read the story at http://news.cincinnati.com/article/20130723/NEWS/307230010/