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This article goes a little deeper in exploring the definition of "self-made." Did those millionaires who didn't inherit money have their college paid for? Did
by treyfitty 8y ago
This article goes a little deeper in exploring the definition of "self-made." Did those millionaires who didn't inherit money have their college paid for? Did they get help from their parents for a down payment? ...etc. The author makes a valid point by exploring this definition, and it suggests that most people, especially the well off received some substantial help that isn't available to many.
- friedman23 8y agoThis is such a stupid reductionist argument. Literally everybody at some point in their life receives help.
- Rusky 8y agoThe question is to what degree.
- jxramos 8y agoThere's an interesting exchange Milton Friedman has about the inheritance of social capital https://youtu.be/hoFdVuqrMZw?t=3928 https://youtu.be/hoFdVuqrMZw?t=3928 The video cuts off an interesting follow up exchange """FRIEDMAN: Well, the major source of inheritance is the inheritance of human qualities not of physical assets.""" https://miltonfriedman.hoover.org/friedman_images/Collections/2016c21/BP_1978_2.pdf https://miltonfriedman.hoover.org/friedman_images/Collection... He talks about the inheritance of talent here https://youtu.be/YRLAKD-Vuvk?t=650 https://youtu.be/YRLAKD-Vuvk?t=650 I think in all the exchanges he makes a point about how none of it is fair, just as much as an inheritance of a negative hindrance of some kind also isn't fair. I think another person would play as, "there's no cosmic justice"