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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California’s Elections Sent an Important Message. What Is It?

California’s Elections Sent an Important Message. What Is It?

Today’s episode is about two California elections and the message they sent to the rest of the country. In San Francisco, progressive district attorney Chesa Boudin was recalled by voters after years ...

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Curiosity Corner: America’s Gun Dilemma, the Future of Corporate Politics, Relationship Advice, and More!

Curiosity Corner: America’s Gun Dilemma, the Future of Corporate Politics, Relationship Advice, and More!

Welcome to Curiosity Corner! In our first ever all-mailbag episode, Derek answers a Republican’s question about gun control, explains how American companies became so political, revisits a controversi...

7 Kesä 202235min

America’s Gun Problem Is Impossible

America’s Gun Problem Is Impossible

The Texas school shooting is part of a grisly ritual in American life. A tragedy, followed by mourning, followed by inaction, followed by several months, followed by another tragedy. What can be done?...

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What's Going on With the U.S. Housing Market?

What's Going on With the U.S. Housing Market?

It's our first Curiosity Corner podcast! We asked you to tell us what questions you wanted us to answer, and a lot of you had the same thought on your mind: housing. In this podcast, we answer: What's...

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Why Does the Internet Hate Amber Heard?

Why Does the Internet Hate Amber Heard?

It's the trial of the century—kind of. The legal showdown between Johnny Depp and Amber Heard has captivated the country, and Derek is a bit confused. Why is everybody talking about this miserable cel...

20 Touko 202240min

The Mystery of America's Missing Baby Formula

The Mystery of America's Missing Baby Formula

America's infant formula shortage is very strange and very embarrassing. Nationwide, more than 40 percent of formula is out of stock, and in many states, like Texas and Tennessee, more than half of it...

18 Touko 202244min

Why the U.S. Could Be Headed For the "Weirdest Recession Ever"

Why the U.S. Could Be Headed For the "Weirdest Recession Ever"

Crypto crashes, rate hikes, recession, fears, and inflation prints: The U.S. economy is in a very bizarre place right now, and Derek needs help explaining it. Michael Batnick and Ben Carlson of Rithol...

17 Touko 202252min

Market Meltdown: Why Tech and Crypto Are Crashing - and What Happens Next

Market Meltdown: Why Tech and Crypto Are Crashing - and What Happens Next

The stock market is absolutely gross right now. Everything is down, except (as loyal listeners know) the CATAN portfolio. Crypto has cratered, growth stocks have been ravaged, and hedge funds are impl...

11 Touko 202252min

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