This conclusion of nepotism assumes that the propensity for a son to follow in their father’s footsteps is independent of industry. Aside from being an assumpt

This conclusion of nepotism assumes that the propensity for a son to follow in their father’s footsteps is independent of industry. Aside from being an assumption that shouldn’t be made, it can’t possibly be true. The industry of the top 1% and the skill sets required are completely different from those of the other 99%.