Sliding down the Great Gatsby curve in search of the Scandinavian dream

The new UK government has separate missions to break down the barriers to opportunity and to boost growth – together, the “Scandinavian dream”. The problem, write Steve Machin and Lee Elliot Major, is Britain’s high level of income inequality, since less equal societies tend to be less socially mobile. Given this, how should policymakers look to realise the “British dream”?