The self-made man
slate.com
The self-made man
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Re: The self-made man
#2I've found similar attempts to establish parent/child economic correlation equally suspicious when, for example, they measure income correlation with percentiles rather than in adjusted dollars (it's much easier to be "mobile" if there's only $10K in income separating the 40th and 60th percentiles!)
[1] http://www.pewtrusts.org/~/media/legacy/uploadedfiles/pcs_as...
Re: The self-made man
#3I'm pretty skeptical of the study on which this essay bases its premise that economic mobility in the U.S. is limited compared to, say, France. The most detailed information I can find online is the executive summary[1], which has to handwave that it found Italy with a strongly negative correlation between parents' and children's economic outcomes! That suggests to me that their methodology is not particularly robust…
Re: The self-made man
#4I'm pretty skeptical of the study on which this essay bases its premise that economic mobility in the U.S. is limited compared to, say, France. The most detailed information I can find online is the executive summary[1], which has to handwave that it found Italy with a strongly negative correlation between parents' and children's economic outcomes! That suggests to me that their methodology is not particularly robust…
That's the whole point of economic mobility, to measure it against income and inequality.
Re: The self-made man
#5Earlier quoted context omitted.
That's the whole point of economic mobility, to measure it against income and inequality.
No, that's not the point. A society with almost no income inequality, where everyone makes almost exactly the same amount, would have nearly perfect "mobility" as measured by the correlation between the percentile of parent and child earnings (a few random dollars would move you a lot!). But it wouldn't be a "mobile" society in the sense we usually mean, where the poor can become rich (and vice versa) because there w…
It's generally better to start with the question "what do I want to know?" and then looking for a suitable statistical framework that will answer that question, rather than starting with a ready-made statistical analysis and then trying to use it to answer arbitrary questions.
Re: The self-made man
#6Earlier quoted context omitted.
That's the whole point of economic mobility, to measure it against income and inequality.
No, that's not the point. A society with almost no income inequality, where everyone makes almost exactly the same amount, would have nearly perfect "mobility" as measured by the correlation between the percentile of parent and child earnings (a few random dollars would move you a lot!). But it wouldn't be a "mobile" society in the sense we usually mean, where the poor can become rich (and vice versa) because there w…
Re: The self-made man
#7Re: The self-made man
#8Humans have a problem with complexity and compound causality in general; any person who succeeds does so by some combination of both individual grit, and support from society and loved ones (even if indirectly), regardless of what the proportions happen to be (if one could even measure such a thing). Thinking that success must derive exclusively from either society or the individual is sheer absurdity, driven by a ne…
Re: The self-made man
#9Humans have a problem with complexity and compound causality in general; any person who succeeds does so by some combination of both individual grit, and support from society and loved ones (even if indirectly), regardless of what the proportions happen to be (if one could even measure such a thing). Thinking that success must derive exclusively from either society or the individual is sheer absurdity, driven by a ne…
Yet there are some people that work 60 hours per week and some that choose to not work at all. The people in the first camp are typically more successful than people in the second camp. Articles like the OP discount their efforts and accomplishments completely.
So to be sure, the opposite extreme is just as ridiculous as suggesting that every person exists in a bubble where their effort correlates exactly with outcome. But when the awareness of systemic advantage is absent (as it certainly is), I see staking out a far extreme opinion like this as a challenge to find a more reasonable center.
Re: The self-made man
#10Humans have a problem with complexity and compound causality in general; any person who succeeds does so by some combination of both individual grit, and support from society and loved ones (even if indirectly), regardless of what the proportions happen to be (if one could even measure such a thing). Thinking that success must derive exclusively from either society or the individual is sheer absurdity, driven by a ne…
And genetics, and the general culture, and luck, which is just a word we use for many factors we can't even name yet mixed with true randomness. And then there's a fair bit of interplay between all the factors.
Why do some people work 60 hours a week when others barely crack 10? That "grit" doesn't come from nowhere.
And surely there are more fundamental reasons for why some societies at some times are more supportive, or more successful, or richer, or saner, than others.