In Taki’s Magazine, I have a quite long column up:
Moneyball for Real Estate
by Steve Sailer
May 13, 2015
Where’s the best place to move for your children’s sake?
After a couple of years of sniping at obvious absurdities, I finally dove deep into economist Raj Chetty’s colossal IRS 1040 data trove (comparing parents’ income in 1996-2000 to their kids’ income in 2011-12) to see what can be salvaged: what’s merely an artifact of Chetty’s analytical weaknesses and what’s actually meaningful?
For example, here’s a table I made up of Chetty’s Worst 25 Counties in America for the offspring of families that were in the lower half of the income distribution in the later 1990s:
I also looked in depth at the 25 Best Counties for blue collar families and the worst and best counties for upper middle class families. Doing this kind of place by place analysis reveals several patterns for understanding what’s fairly permanent and what’s ephemera in the results from Chetty’s vast undertaking.
Other questions considered include: Why, among large counties, is DuPage, which is just west of O’Hare airport, the best for the working class, and Fairfax, which is just west of the Pentagon, the best for the Upper Middle Class? And why is best county for the working class, Sioux County, Iowa, the utopian doppelganger of the worst, Shannon County, South Dakota?
Read the whole thing there.