February 1, 2012

The Class Divide In White America

Steven Malanga, RealClearMarkets

Send to a Friend

By now Americans have heard just about every idea on how to fix our dismal economy, and we're only half way through the presidential election campaign. Much of the talk has centered on seemingly technical issues: the best tax policy to create jobs, the right design for programs to retrain those out of work, the best ways to measure and improve our schools in their jobs of educating the next generation of worker.

A worker's economic fortunes, however, aren't solely a function of his training and intelligence, or of the opportunities around him. They are also the product of personal qualities, like industriousness, self-discipline, thrift and reliability. And these don't simply arise spontaneously in us; they are cultivated by our parents, our neighbors, our schools....

Read Full Article ››

TAGGED: Steven Malanga, Wealth Gap, Income Inequality, Charles Murray

RECOMMENDED ARTICLES

October 10, 2012
Will Mitt "Complexify" the Tax Code?
Steven Malanga, RealClearMarkets
October 9, 2012
Myth of Men In "Decline"
Caryl Rivers & Rosalind Barnett, Los Angeles Times
October 1, 2012
The Myth About Male Economic Decline
Stephanie Coontz, New York Times
September 28, 2012
Washington Is Too Rich for Our Own Good
Stephen Carter, Bloomberg
The U.S. Census Bureau report showing that seven of the nation’s 10 highest-income counties are suburbs of Washington has raised a considerable ruckus. “Our gilded District is a case study in how federal spending... more »