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A comment on Billionaires Build. Parent comment

Re:Billionaires Build by centimeter on Friday December 04, 2020 @06:52PM (#25309933)
There is not strong evidence that these feedback loops actually exist. Wealth is actually strongly mean-reverting along genetically heritable lines.
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Re:Billionaires Build by jessaustin on Friday December 04, 2020 @07:24PM (#25310247)
Do you live in Scandinavia? We're not talking about Scandinavia. USA ranks #27 here:

https://www.visualcapitalist.com/ranked-the-social-mobility-...

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Re:Billionaires Build by centimeter on Saturday December 05, 2020 @04:18PM (#25318472)
That report is obvious bullshit and you should be able to discern that immediately. It ranks countries on “ healthcare, education, technology access, working conditions, and social protection” and then calls that “social mobility”. Zero actual analysis of intra- or inter-generational wealth variance.
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Re:Billionaires Build by sien on Monday December 07, 2020 @07:42PM (#25339944)
Interesting.

The OECD have a better report :

https://www.oecd.org/centrodemexico/medios/44582910.pdf

From page 5 Australia ranks #2 and Canada #5 and the US is #10.

That's on intergenerational income quintile mobility.

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