Also, a lot of this analysis only makes sense to children of the elite (ie, the child of a successful author). There's a natural regression to the mean. Kids o

Also, a lot of this analysis only makes sense to children of the elite (ie, the child of a successful author). There's a natural regression to the mean. Kids of poor parents will be better off than their parents. Kids of rich parents will be worse off than their parents. So when he looks around at his peer group, he sees the same thing - people who were worse off than their parents. But it's really only a view shared by middle class white people.