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The number of people that can win an Olympic Gold is arbitrarily fixed. The number of people that can become financially successful isn't.

• deleted 12y ago
  [deleted]
• alexqgb 12y ago
  And yet, for the last 30 years, the number of those who are successful relative to the rest of the population has suffered sharp decline. Do you honestly not know this? Or are you simply the sort of person who just doesn't mind?
  • logicchains 12y ago
    Financially successful doesn't necessarily mean the same thing as being financially "successful relative to the rest of the population", for what it's worth.
  • yummyfajitas 12y ago
    Relative mobility has remained flat and absolute mobility has increased. http://obs.rc.fas.harvard.edu/chetty/mobility_trends.pdf http://obs.rc.fas.harvard.edu/chetty/mobility_trends.pdf
    • alexqgb 12y ago
      Not actually the point I was making but an interesting paper nonetheless. When I said "relative" I meant "relative to the population as a whole", not "relative to the members of one's class from prior generations."