Re:Random computer simulation produces wealth distribution s...
by Reedx on Thursday March 01, 2018 @06:43PM
(#16497463)
Where and when you're born is chance and certainly has an impact on prospects.
But being born into wealth doesn't mean you'll keep it either, especially into the 3rd generation[1]. Those kids are too far removed from the work that got there. Ever hear the saying, "shirtsleeves to shirtsleeves in three generations"?
Re:Random computer simulation produces wealth distribution s...
by wruza on Thursday March 01, 2018 @07:27PM
(#16497723)
I though that ‘chance’ in topic is something happening in lifetime, not at its start. Can being talented also be called a chance of genes or cultural environment then?
But being born into wealth doesn't mean you'll keep it either, especially into the 3rd generation[1]. Those kids are too far removed from the work that got there. Ever hear the saying, "shirtsleeves to shirtsleeves in three generations"?
[1] http://money.cnn.com/2014/06/25/luxury/family-wealth/index.h...