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Investing in your children so they will be successful feels like a net win for society in a way that simply giving them assets does not.
by peteretep 10y ago
Investing in your children so they will be successful feels like a net win for society in a way that simply giving them assets does not.
- shados 10y agoYes. But it does not change the final result: lineage has a huge influence on financial success. There's pros and cons on the various ways they can happen, but it does not change the fact that the kid of several generations of successful/influencial/rich/whatever people will do better for themselves on average than someone fleeing a poor country who just came in this one.
- peteretep 10y agoWhile that certainly sounds true (even to me), I wonder if there's evidence that supports that.