Low socio-economic mobility seen in recent study

A recent paper from the National Bureau of Economic Research points to a depressing feature of our society — the economic circumstances of a person's birth exert a pretty strong influence on where they'll end up.

Or, as the headline in FiveThirtyEight puts it in its headline describing the trend: "Rich Kids Stay Rich, Poor Kids Stay Poor."

Read its analysis, complete with helpful graphs, here, and the study here.

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