Hacker News with Generative AI: Social Mobility

Inheriting is becoming nearly as important as working (economist.com)
Work hard, children are told, and you will succeed. In recent decades this advice served the talented and the diligent well. Many have made their own fortunes and live comfortably, regardless of how much money they inherited. Now, however, the importance of hereditary wealth is rising around the rich world, and that is a problem.
Economics, Inequality, Wealth, Family, Social Mobility
678 points by pseudolus 33 days ago | 904 comments
Ask HN: If I am so smart, why I am not rich? (ycombinator.com)
I grew up very modestly, borderline poverty. None of my extended family/friend went to college, I was the first one to graduate from college later in life.
Personal Finance, Education, Success, Social Mobility
19 points by LeoDTO 64 days ago | 49 comments
Genetics, not shared envs, drives parent-child similarities in intelligence (psypost.org)
How much of your cognitive ability is shaped by your genetic inheritance compared to the environment you grow up in? A new study published in Research in Social Stratification and Mobility suggests that the transmission of cognitive ability from parents to children is primarily driven by genetics, with little influence from shared environmental factors like family resources. The findings challenge traditional assumptions in social mobility research that often attribute these correlations primarily to socio-economic status.
Genetics, Intelligence, Family, Social Mobility, Research
42 points by amichail 76 days ago | 16 comments