Earlier quoted context omitted.
News at eleven, "Horatio Alger myth continues to appeal to fairness bias", "Middle class continue to toil under the mindset that they are temporarily embarrassed millionaires". Raw numbers collected over decades of research disprove this handily. While working hard is a factor, there are other phenomena which will just as easily impair upwards social mobility. There's a reason they call it "poverty trap" For an intro…
Malcom "igon value" Gladwell is probably not the person one wants to cite on an empirical or technical matter. http://monkeysuncle.stanford.edu/?p=541 Pinker’s term: “The Igon Value Problem” is a clever play on the Eigenvalue Problem in mathematics. You see, Gladwell apparently quotes someone referring to an “igon value.” This is clearly a concept he never dealt with himself even though it is a ubiquitous tool in the…
This statement is either utterly nonsensical and backed up by nothing or it's circular in nature (i.e. "How do you know they're hard working and smart? Because they put a few million in the bank", "Why were they able to put a few million in the bank? Because they're hard working and smart").