aphar (![[info]](http://l-stat.livejournal.com/img/userinfo.gif){kind=small} aphar) wrote,@ 2009-05-15 16:30:00 |
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It's Not Who You Know, It's Who You Are
http://econlog.econlib.org/archives/200
[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."
http://econlog.econlib.org/archives/200
[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."
