Saturday, January 4, 2014

The Great Equalizers | National Review Online

The Great Equalizers | National Review Online: "The bottom line is success ultimately depends on habits that money can’t buy. In a book-length study of the influence of parental income on the prospects of children, Susan Mayer found a complicated picture. She writes that “parental characteristics that employers value and are willing to pay for, such as skills, diligence, honesty, good health, and reliability, also improve children’s life chances, independent of their effect on parents’ income. Children of parents with these attributes do well even when their parents do not have much income.”"

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