Zuckerberg Gets It Right, Kind Of. His Success Is Not an ‘Only in America’ Story.
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- Zuckerberg Gets It Right, Kind Of. His Success Is Not an ‘Only in America’ Story.
The Washington Post, 4.11.18
According to economist Miles Corak of The Graduate Center of The City University of New York and the Stone Center on Socio-Economic Inequality, academics have repeatedly shown that “only in America” would be better phrased as “more likely elsewhere.” Corak’s widely cited research shows that about 47 percent of the earnings gap between U.S. fathers will carry through to their sons. That puts the United States far closer to Peru — which, at 67 percent, was the worst of his 22-country sample — than to Denmark, the leader when it comes to earnings mobility, where the earnings gap got squeezed to 15 percent.
Submitted on: APR 11, 2018
Category: GC Press Coverage | Stone Center