The higher the number, the more "elastic" social mobility is?

The fuck does that graph even say?

Cause if I'm reading it right

You just BTFO'd yourself

I'm guessing it shows the correlation between parent and child wealth.

It doesn't say that within the graph, though

Just... >Countries

>intergenerational income elasticity

I'm no social scientist but if English still means English on Marxist utopian, that would mean the difference between parents and children, right?

Did @Fondboy just cite a graph that BTFO'd his point?

I think it means the similarity between parents and children.

I need some context here

But some elucidation on the methodology would be greatly appreciated.

im looking for the study but I would assume it is based on the amount of people that end up with the same wealth as their parents

based on their parents

that is what intergenerational income elasticities means

So what does 0.5 and all those other integers mean?

In relation to social mobility?

That one in two people in the UK end up with the same exact wealth as their parents?

Is that what the 0,5 stands for?

Probably the likelihood of remaining in the same social class aroundabout as the parent.

Probably it means knowing the parent's wealth halves the variance of the child's wealth.

That is to say, it's a measure of how informative knowing the parent's wealth is for guessing the child's wealth.

Fair enough

But even a cursory read of that Wikipedia article admits that there has been growth in social mobility as time has gone by

I used to know the exact formula but I'm drawing a blank.

So... What's the end goal in pushing social mobility? Have it be done by force instead of by choice?

I asked this question weeks ago, but have you let your mask slip?

If climate change isn't real, how do you explain astrology?

BTFO Drumpf supporters

I want people to work to get the wealth they end up with. I don't want someone to be born poor and stay poor, I don't want someone to be born rich and stay rich

Do you have a chart that compares wealth with labor?

>I don't want someone to be born rich and stay rich

I can see why you wouldn't want someone born poor to stay that way

Maybe growing up around money makes people more motivated. I don't know but the chart you showed doesn't say anything about how much people work.

Ladies and gentlemen

but the other way around seems kind of... evil?

I present to you

The leftist monster

May God have mercy on your soul

Because people certainly won't