5 ms·
I don't deny that wealth gives you advantages. But I think the comic exaggerates it. If you live in a first world country you already are rich by world and hist
by Houshalter 9y ago
I don't deny that wealth gives you advantages. But I think the comic exaggerates it. If you live in a first world country you already are rich by world and historical standards. A minimum wage job will earn you multiple times the income of a person in a poor country. A century ago food used to make up something like 50% of people's income and now even the poorest are fat. There are a nontrivial amount of NEETs that get by doing no work at all.
The comic makes a big deal about education. Yet there's a number of studies that show there is basically zero effect of education and education spending. In a single chart see this: https://www.cato.org/images/testimony/coulson-2-9-11-3.jpg https://www.cato.org/images/testimony/coulson-2-9-11-3.jpg and a nice in depth essay here http://slatestarcodex.com/2016/05/19/teachers-much-more-than-you-wanted-to-know/ http://slatestarcodex.com/2016/05/19/teachers-much-more-than...
- pacala 9y agoIt's not what you know, it's who you know. No matter how much money are spend on the median education, spending [much] more relative to the median buys the right pedigree and the right circle of friends.