Economic Freedom Matters for Intergenerational Income Mobility
CFO News Room
DECEMBER 12, 2022
Think about this illustration: if education is a way to out-earn your parents, and the cost of education is greater for the poor (many more years not working and little savings to draw on), the rich will be more likely to invest in their educations. . greater redistribution, more investment by the state in education, etc.). .
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