Unequal Chances: Family Background and Economic Success - Softcover

Softcover

ISBN 10: 0691136203 ISBN 13: 9780691136202

Publisher: Princeton University Press, 2008

Synopsis

Is the United States "the land of equal opportunity" or is the playing field tilted in favor of those whose parents are wealthy, well educated, and white? If family background is important in getting ahead, why? And if the processes that transmit economic status from parent to child are unfair, could public policy address the problem? Unequal Chances provides new answers to these questions by leading economists, sociologists, biologists, behavioral geneticists, and philosophers.

New estimates show that intergenerational inequality in the United States is far greater than was previously thought. Moreover, while the inheritance of wealth and the better schooling typically enjoyed by the children of the well-to-do contribute to this process, these two standard explanations fail to explain the extent of intergenerational status transmission. The genetic inheritance of IQ is even less important. Instead, parent-offspring similarities in personality and behavior may play an important role. Race contributes to the process, and the intergenerational mobility patterns of African Americans and European Americans differ substantially.

Following the editors' introduction are chapters by Greg Duncan, Ariel Kalil, Susan E. Mayer, Robin Tepper, and Monique R. Payne; Bhashkar Mazumder; David J. Harding, Christopher Jencks, Leonard M. Lopoo, and Susan E. Mayer; Anders Björklund, Markus Jäntti, and Gary Solon; Tom Hertz; John C. Loehlin; Melissa Osborne Groves; Marcus W. Feldman, Shuzhuo Li, Nan Li, Shripad Tuljapurkar, and Xiaoyi Jin; and Adam Swift.

About this title

From the Back Cover:

"Unequal Chances collects important essays on the determinants of lifetime inequality. It changes the way we think about American society."--James J. Heckman, Nobel Prize–winning economist

"In analyzing the persistence of economic inequality between generations, the authors of this book make major advances. They add to the literature demonstrating that this persistence is much stronger than has often been supposed, and they further challenge the conventional wisdom in emphasising the importance of the intergenerational transmission of noncognitive attributes."--John Goldthorpe, University of Oxford

"America believes that we both have adequate social mobility and that it reflects a social Darwinism of just rewards. This powerful collection punctures both assumptions. Forty years after John Kennedy courageously pointed to the unfair inheritance of both wealth and poverty in America, this rigorous analysis demonstrates that parents' wealth, race, and schooling are ever more determinant of life chances. We can only hope that moral and policy judgments will be informed and inspired by this work."--Anthony Marx, president of Amherst College

"This book takes a first cut at bringing together the many pieces of the complex puzzle of economic opportunity in market societies. This is a very important topic, and the book reaches into several disciplines to gain perspective. It is well timed, well conceived, and well executed; it makes for a great read. In addition, many of the pieces draw on multiple data sources to gain a broader picture. This makes the contributions, both individually and collectively, not only excellent pieces of scholarship but different from the normal journal fare."--Martina Morris, University of Washington, coauthor of Divergent Paths

"A consensus has emerged of late that the correlation between economic origins and destinations is higher than scholars used to think it was--maybe more than twice as high. The scholars contributing to this volume did the research that forged the new consensus. Bringing their work together in a systematic way is a service to the research community and the public. "--Michael Hout, University of California, Berkeley, coauthor of Inequality by Design: Cracking the Bell Curve Myth

About the Author:

Samuel Bowles is Research Professor and director of the Behavioral Sciences Program at the Santa Fe Institute, and professor of Economics at the University of Siena. He is the author of Microeconomics (Princeton); the coauthor, with Herbert Gintis, of Democracy and Capitalism; and the coeditor, with Kenneth Arrow and Steven Durlauf, of Meritocracy and Inequality (Princeton). Herbert Gintis is an external faculty member at the Santa Fe Institute and professor emeritus of economics at the University of Massachusetts, Amherst. He is the author of Game Theory Evolving (Princeton). Melissa Osborne Groves is associate professor of economics at Towson University.

About this edition

• Publisher: Princeton University Press
• Publication date: 2008
• ISBN 10: 0691136203
• ISBN 13: 9780691136202
• Binding: Paperback
• Number of pages: 304
• Editor: Bowles Samuel, Gintis Herbert, Osborne Groves Melissa