Gregory Clark on Social Mobility, Migration, and Assortative Mating (Live at Mercatus)

In this episode of Conversations with Tyler, Tyler Cowen interviews economic historian Greg Clark about his work on social mobility, economic growth, and the influence of genetics. They debate the importance of relative versus absolute social mobility, with Clark arguing that relative social mobility rates have remained surprisingly static over centuries in societies like England and Denmark, while Cowen emphasizes the significance of improved absolute living standards. Clark defends his hereditarian perspective, suggesting that genetic inheritance plays a significant role in social outcomes, and discusses the implications for policies like income redistribution and immigration. They also explore the puzzle of India's slow industrialization under British rule, the role of assortative mating in inequality, and the factors influencing cultural assimilation. Clark shares insights from his forthcoming book, which examines the impact of genetics on social life in England over several centuries, reinforcing his view that genetics and randomness are primary drivers of social outcomes.