14 Mar 2014
Many people assume that it is much easier to move between social classes today than in the past. But new research by economist Gregory Clark, based on tracking family names across generations, reveals that mobility rates are lower than conventionally estimated, and that inherited advantage remains a deeply entrenched force. The fact that social mobility rates are so predictable at birth "should lead us to consider carefully how much inequality we want to permit in societies” and how much we want “a winner takes all society where some people get all the benefit and some people get all the costs," contends Clark.
Posts by unregistered readers are moderated. Posts by registered readers are published immediately. Why wait? Register now or log in!