Why North Dakota, not New York, may be the land of opportunity
Economists try to understand the determinants of higher wages
C OUNTLESS PROTAGONISTS of great literature and film make the fateful decision to move to New York City in search of prosperity. This very persistent association seems sensible. Average wages in the Big Apple are double those in the typical American city. Yet the real rags-to-riches opportunities may be in humbler places.
This article appeared in the Graphic detail section of the print edition under the headline “Wages and places”
From the January 15th 2022 edition
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