Posts Tagged ‘ mobility ’

Upward mobility in the U.S. is a myth

October 8, 2012
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Robert S. Strauss used to say that every politician wants you to believe he was born in a log cabin he built himself. Republicans in particular never tire of emphasizing the unparalleled opportunities that exist in US, where hard work and determination can propel anyone out of humble beginnings into the White House, or at least a mansion on a hill. But is this really the case? A recent international study examined the relationship between wealth, heritage and inequality across generations. Here’s the abstract: We study the role of parental wealth for children’s educational and occupational outcomes across three types of…

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