Why Elite College Admissions Are Biased Toward the Superrich

Why Elite College Admissions Are Biased Toward the Superrich

Less than 1 percent of college students attend Ivy League colleges and equally selective schools, like Stanford and Duke. But these schools have an outsize influence on American life. Practically every Supreme Court justice of the last 40 years, 25 percent of the U.S. Senate, and one in eight Fortune 500 CEOs went to these schools. A new study on their admissions programs finds that they are heavily biased toward children from rich families. For applicants with the same SAT score, kids from families in the top 0.1 percent were more than twice as likely to get in compared to the average student. A coauthor on that paper, Harvard economist David Deming, talks to Derek about what his landmark study tells us about college, fairness, and the American Dream. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: David Deming Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

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What Evolutionary Biology Can Teach Us About Diet, Exercise, and Staying Alive

What Evolutionary Biology Can Teach Us About Diet, Exercise, and Staying Alive

What can the science of ancient humans and the lifestyle of hunter-gatherers teach us about how to be healthy today? Harvard evolutionary biologist Daniel Lieberman joins the show to talk about his pr...

2 Huhti 202451min

America's Biggest Car Companies Are in Trouble

America's Biggest Car Companies Are in Trouble

Today, the media vibes around electric vehicles are all bad. But if you lift up and take in the big picture, electric vehicles and hybrids are taking over the market. Gas-powered cars are as much in s...

26 Maalis 202450min

Should the U.S. Ban TikTok?

Should the U.S. Ban TikTok?

Derek shares his thoughts on the question of the moment in tech and tech politics. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com.  Host: Derek...

19 Maalis 202433min

How Hollywood’s Hit Formula Flopped—and What Could Come Next

How Hollywood’s Hit Formula Flopped—and What Could Come Next

Today, we’re talking about movies, the philosophy of hits in Hollywood, and why we might be at a fascinating inflection point in how the entertainment industry thinks about popularity and prestige. We...

12 Maalis 202451min

What Many Economists (and I) Got Wrong About This Economy

What Many Economists (and I) Got Wrong About This Economy

One of my New Year’s resolutions for 2024 was to do more episodes with people who think I'm wrong about something. For example, I've done several episodes about how the U.S. economy is doing much bett...

5 Maalis 202429min

Why the "Need for Chaos" Is Eating American Politics

Why the "Need for Chaos" Is Eating American Politics

Today’s episode is about one of the most interesting pieces of research I’ve read in the past year. It's an idea called "need for chaos," and the truth is that I literally cannot stop thinking about i...

1 Maalis 202435min

Why Americans Stopped Hanging Out—and Why It Matters

Why Americans Stopped Hanging Out—and Why It Matters

Today’s episode is about the extraordinary decline in face-to-face socializing in America—and the real stakes of the country’s hanging-out crisis. From 2003 to 2022, American adults reduced their aver...

27 Helmi 20241h 10min

"We’re Seeing a Fundamental Reorganization of Work in America"

"We’re Seeing a Fundamental Reorganization of Work in America"

Today’s episode is about arguably the most important economic statistic out there: real (or inflation-adjusted) wage growth. For much of the last few years, many people's real wages have declined. But...

23 Helmi 202438min

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