3 ms·
Do I really need to explain anecdotes vs data? Income is a strongly inherited trait. Look at this absurdly linear plot in section 2: https://www.brookings.e
by yourbandsucks 8y ago
Do I really need to explain anecdotes vs data?
Income is a strongly inherited trait. Look at this absurdly linear plot in section 2:
https://www.brookings.edu/blog/social-mobility-memos/2018/01/11/raj-chetty-in-14-charts-big-findings-on-opportunity-and-mobility-we-should-know/ https://www.brookings.edu/blog/social-mobility-memos/2018/01...
The only deviations from pure correlation are that the extremely poor and rich are EVEN MORE likely to be extremely poor or rich.