Thursday, May 13, 2021

Why Rich Parents Have Rich Children

Why Rich Parents Have Rich Children

Looking at the channels through which the rich preserve their advantages across generations.


So, who hasn’t done it, perhaps added a couple of months (or years) to your age to sneak into a bar, or fudged the numbers down slightly to the closest round number when asked? Hell, even Humphrey Bogart was known to outright lie about his age.

And right now, with the recent invitation to those aged 40 to 49 years to register their interest to receive the Pfizer vaccine from the Sydney Olympic Park vaccination hub, some of us might be wishing we could add or subtract a few years so we could get those shots.

Why the over-50s shouldn’t envy those who can get the Pfizer jab at Homebush

Millions Are Unemployed. Why Can’t Companies Find Workers? Wall Street Journal. Chorus: “Because the jobs are McJobs!” Specifically:

Surveys suggest why some can’t or won’t go back to work. Millions of adults say they aren’t working for fear of getting or spreading Covid-19. Businesses are reopening ahead of schools, leaving some parents without child care. Many people are receiving more in unemployment benefits than they would earn in the available jobs. Some who are out of work don’t have the skills needed for jobs that are available or are unwilling to switch to a new career.



Why Universal Basic Income is a Labor Issue On Labor

 

How a ‘time of crisis’ creates a ‘crisis of time’ The Long-Termist’s Field Guide


The secret life of shoes: why are there 3,000 concealed in the walls of our houses FT


Data Show Demand for Butt Implants Soared During the Pandemic Bloomberg


Polish grannies demonstrate for democracy