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posted ago by Lawjic ago by Lawjic +43 / -0

This study looked at intergenerational economic mobility and found that one's neighbors had a greater influence on the next generation's economic situation than the parents' race or economic situation. (Seems to me like culture is a big factor.)
Side note: the study was funded by Gates Foundation, Chan Zuckerberg Initiative, and Overdeck Family Foundation. Two out of 3 of those will be a big surprise for many here, including me.