U.S. is a meritocracy but it’s still not fair


Much of the current debate about inherited wealth in a number of Western countries is informed by the notion that most of today’s top incomes are the product of passive returns on financial capital rather than labor. But in a new National Bureau of Economic Research working paper, four U.S. economists stipulate that much of…

Subscriber Only

Subscribe with Providence Business News to keep reading.

Get unlimited access now for $1 for 4 weeks

Subscribe now for $1
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -