Sunday, March 15, 2015
Monday, January 5, 2015
A new study shows that richer neighborhoods in New York City are closer to public transportation and economic activity. It then makes a big leap, asserting that the causal arrow runs from transportation to income. This is a plausible hypothesis, but the study provides no empirical support for this interpretation.
The study definitely does not support the sensationalist assertion that a college education is less important for financial well-being than access to public transportation:
“In New York, mass transit is the path to economic mobility, not education,” said Mitchell Moss, the center’s director. “It’s far more important to have a MetroCard than a college degree.”
The quote is from the Wall Street Journal
Google "Report Connects Jobs, Transportation Web" if the WSJ link hits a paywall.
The full study is here: