It's Not Who You Know, It's Who You Are
May. 15th, 2009 04:30 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
apharhttp://econlog.econlib.org/archives/2009/05/its_not_who_you.html
[early research] is defensive: "Sure, life's not fair. The children of the rich do better. But the unfairness is pretty small, and almost vanishes after two generations."
[later research] in contrast, is offensive: "Life is fair. The children of the rich do better because talent breeds talent, and under capitalism, the cream rises to the top."
[early research] is defensive: "Sure, life's not fair. The children of the rich do better. But the unfairness is pretty small, and almost vanishes after two generations."
[later research] in contrast, is offensive: "Life is fair. The children of the rich do better because talent breeds talent, and under capitalism, the cream rises to the top."
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Date: 2009-05-15 08:48 pm (UTC)Гут шабос!
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Date: 2009-05-15 08:54 pm (UTC)no subject
Date: 2009-05-15 10:03 pm (UTC)money opens lots of doors regardless of the talent.