I think it's time to talk about intergenerational wealth transfer as one of the key factors inhibiting social mobility in the US (which is lower than most other

I think it's time to talk about intergenerational wealth transfer as one of the key factors inhibiting social mobility in the US (which is lower than most other industrialized countries, and in fact the single greatest predictor in your wealth during your lifetime is your parents' wealth) (1) It seems from an equity standpoint /and/ from a meritocracy standpoint we would do better as a country to inhibit intergenerational wealth transfer much more than it currently is to provide for a pot where kids inherit from society as a whole (whether that looks like investment into services like free education or whether it looks like a basic savings account releasable to all children on tehir 18th birthday is left up to discussion) (1) http://www.brookings.edu/research/reports/2013/06/13-facts-higher-education http://www.brookings.edu/research/reports/2013/06/13-facts-h...