AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
Greg Clark: Genetics and Social Mobility — #14
Manifold
The Effects of Wealth on Social Status
The data shows that wealth tends to adjust in the long run to people's social status. If you come from a big family and don't get much wealth transmitted, you'll tend to accumulate more if you have relatively high social status. But if you get a lot of wealth and you have relatively low occupational status, that wealth will tend to dissipate. And so it's true in the short run that wealth shows this strong social effect. But actually, in the longrun, it remains highly correlated with people's other measures of their social status. Yes.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode