• Ronald REAGAN:They have lived the American Dream
  • Donald TRUMP: Sadly, the American Dream is dead!
  • What is the American Dream.

If the new generation can’t do better than their parents, is the American Dream dead? (Photo: )

Reaching the American Dream is not always reaching true happiness.

The American Dream was sought through hard work and determination.

To live out the American Dream was what once was on the minds of many Americans.
If you want to look at some of the research by Raj Chetty and his colleagues on the Equality of Opportunity Project, I suggest you spend some time on their website. You can look it up: Equality of Opportunity Project. And next time on Freakonomics Radio, we’ll expand this conversation about the state of the American Dream.

The American Dream was something that everyone coveted.

As a result of the distortion of the American Dream, the characters of F....
Both Kane and Gatsby are representations of the American dream, and as we read into their stories we see that time and the dream become so intertwined that it is hard to see them apart....


This is when the first breakdown in the American dream occurred.

Barack OBAMA: The bedrock of our economic success is the American Dream.
Let’s start today with a pop quiz. Here we go: in 1970, what percentage of 30-year-olds in America earned more money than their parents had earned at that age? Adjusted for inflation, of course. That’s question No. 1. And question No. 2: what percentage of American 30-year-olds today earn more than their parents earned at age 30? I’ll give you a second to think it over.

Richard NIXON: The American Dream does not come to those who fall asleep.
Many people have their own idea and ideas that have changed over a period of time, but what exactly is the “American Dream” defined as .Origins of the dream have been rooted in the pioneering mentality of the eighteenth and nineteenth century immigrants, most who came to America because of a promise for a new and better life.

Everyone has different opinions on what the American dream is.

CHETTY: That’s exactly right. From a statistical point of view, one view you could have is maybe the reason you see higher upward mobility in Canada is not really so much that it is actually easier to move up in Canada, but it’s easier to make that move because it’s a shorter distance in a sense. So that’s one example of why I think these cross-country comparisons, while they can be motivating, in and of themselves it’s inevitably going to be very difficult to say for sure what you can learn from comparing Canada to the U.S. But I think before we even get to the issue of why is the U.S. is different from Canada, it turns out the story even in America itself is much more nuanced. Within America, there are actually a number of places that truly are lands of opportunity, places where kids achieve the American Dream at high rates. In some places, like in Salt Lake City, Utah, or in the Bay Area, something like 13 percent of kids are making it from the bottom fifth to the top fifth. Turns out in the center of the country, like in Iowa, for example, in many areas of Iowa you see more than 15 or 16 percent of kids making it from the bottom fifth to the top fifth. So higher than the numbers we see in the data for Canada and for Scandinavian countries. But at the other end of the spectrum, you take places like Atlanta, Georgia; or Charlotte, North Carolina; or much of the southeast of the U.S., and you have rates of upward mobility below four-and-a-half percent. Lower than any country for which we currently have data.

Scott Fitzgerald’s The Great Gatsby - The American Dream

After the time of the World Wars, society changed and so did the view of the “American Dream”, it changed from a potential reality into being a dream....

Scott Fitzgerald’s The Great Gatsby and the American Dream

DUBNER: Or perhaps more precisely, we should just call it the Canadian Dream instead of the American Dream, if they’re twice as good. Well, but what we want to know then is why, right? What makes that more possible in Canada? So that’s what your research is really about, yes, is about identifying the factors that move that needle?