The results suggest that reductions in poverty and in inequality in the parents’ generation reduce poverty and inequality in the children’s generation some, but not much.
The Wheel of Fortune: Why Looking Down on the Poor and Disadvantaged Is a Bad Idea
Have you ever seen a person who is homeless taking refuge under a shade tree in the summer heat, with his sleeping bag and bundles of meager belongings, and thought: "I'm so glad that's not me," or even something like, "How did he end up here? He must have really...