Economy

The Self-Confident City

Big cities are a powerful draw for confident people, who in turn benefit the most from their opportunities and resources.
Andrew Burton / REUTERS

Where we choose to live has a huge impact on everything from the people we date and the schools our kids attend to the jobs we find and how successful we are in our careers. Big cities do more than just attract the educated and talented. They also add to their earning power and present them with a lifelong economic advantage.

And yet more than half of all Americans, and 40 percent of college grads, live in the same community at 40 as they did when they were 14. Why do some people move, while others stay behind?