Social Class Links 02/23/2014

  • Yet more analysis of complex data on social mobility, with yet more evidence that it’s slower than most believe.

    “The recent study suggests that 10 percent of variation in income can be predicted based on your parents’ earnings. In contrast, my colleagues and I estimate that 50 to 60 percent of variation in overall status is determined by your lineage. The fortunes of high-status families inexorably fall, and those of low-status families rise, toward the average — what social scientists call “regression to the mean” — but the process can take 10 to 15 generations (300 to 450 years), much longer than most social scientists have estimated in the past.”

    tags: social class

Posted from Diigo. The rest of my favorite links are here.

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