Tyler Cowen's mentions our decreased mobility in his book "The Complacent Class." Here's a bit from an interview in the Washington Post[0]: WP: Some of the lac

Tyler Cowen's mentions our decreased mobility in his book "The Complacent Class." Here's a bit from an interview in the Washington Post[0]: WP: Some of the lack of mobility is due to high rents in cities, which keeps many people out, right? You cite some research that shows if it was cheaper to move into American cities, GDP growth would be much higher, and the economy would be more dynamic. Cowen: Enrico Moretti’s estimate is that GDP would be 9.5 percent higher. That figure is hard to estimate, but it’s not a tiny effect. Right after WWII, adjusting for inflation, an apartment in Manhattan cost $530 a month. That’s unimaginable today. It’s a big reason why mobility has become problematic. [0] https://www.washingtonpost.com/news/wonk/wp/2017/02/28/upper-class-elites-might-hate-trump-but-they-were-key-to-his-success/ https://www.washingtonpost.com/news/wonk/wp/2017/02/28/upper...