Strategy

What Does Big Data Tell Us About the Land of Opportunity?

What Does Big Data Tell Us About the Land of Opportunity?

Big data has revealed a shocking finding regarding the American dream: you have a better chance of achieving it if you don’t live in America. We Americans generally think of our country as the land of opportunity, that no matter where you’ve come from, you can improve your station in life through hard work.  But research by Raj Chetty at Stanford University reveals that for large swaths of people, they’d have a better chance of reaching the American Dream if they grew up in Canada. Or Great Britain. Or Denmark. In other words, America is no longer the leading candidate for the title, “The Land of Opportunity.”