Social Networks: The #1 Predictor of Economic Advancement | David Obstfeld

David Obstfeld, a tenured professor with over 15 years of research experience, saw a troubling trend at universities: first-generation college students were struggling to secure job opportunities upon graduation, leaving them at a disadvantage compared to their peers. His research revealed a clear link between economic background and access to social networks, with wealthier students gaining social capital that propelled their career success above those around them. It wasn’t what they knew -...