The Social Ladder Is Broken

Feb 12 2013 @ 6:31pm

The Economist summarizes the work of Gregory Clark, an economist who tracks social mobility over long periods of time:

Mr Clark reckons that even in famously mobile Sweden, some 70-80% of a family’s social status is transmitted from generation to generation across a span of centuries. Other economists use similar techniques to reveal comparable immobility in societies from 19th-century Spain to post-Qing-dynasty China. Inherited advantage is detectable for a very long time.