Do you want to be well off, young man? Then have your dad get you into his workplace, preferably one he is the owner of. A new study using data from Canada and Denmark, both countries known for comparatively reasonable levels of opportunity and equality, indicates that nepotism is a major strategy for maintaining family wealth and privilege.
Income Inequality, Equality of Opportunity, and Intergenerational Mobility
29-page .pdf file from author Miles Corak’s blog
image: DJ Shin via Wikimedia Commons