The story
Coined by American economist Judd Cramer and introduced by Alan Krueger in a speech in 2012, in allusion to F. Scott Fitzgerald's novel The Great Gatsby (1925).
Etymology from Wiktionary, CC BY-SA 4.0.
Today it means: A chart plotting the relationship between inequality and intergenerational social immobility in several countries around the world. Full definition →
Coined by American economist Judd Cramer and introduced by Alan Krueger in a speech in 2012, in allusion to F. Scott Fitzgerald's novel The Great Gatsby (1925).
Etymology from Wiktionary, CC BY-SA 4.0.