(374) Nepotism is the best wealth management plan going [Study]

Welcome aboard my son!Money, money, money.  Studies, studies, studies. 

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