Mencius was a famous Chinese philosopher (Mengzi, 孟子), a major follower of Confucius who lived during the Warring States period (roughly 4th century BCE). There’s a historical legend that Mencius’s mother moved house three times to find a better environment for his education.

Acient wisdom of explained by modern economic:

Neighborhood Effects and the Missing Market for Opportunity

Lawrence Katz (Harvard) | 2026 Jan 2

Watch the full AEA 2026 President Address here

Watch the full AEA 2026 President Address here

Mencius turned out to be a great philosopher, ofc.