Why Elite College Admissions Are Biased Toward the Superrich
Plain English with Derek Thompson
The Impact of Lottery Tickets on Power and Status in Society
The distribution of people in positions of power and influence, such as the Supreme Court, US senators, and journalists at prestigious institutions, heavily favors those who have attended elite institutions./nDespite only a small percentage of individuals from these institutions reaching the top 1% in terms of earnings, their impact on decision making and society is significant./nAttending elite institutions provides individuals with extra opportunities or 'lottery tickets', increasing their chances of achieving great success./nThe perspectives and experiences gained during the formative years at elite institutions greatly shape the decision making and perspectives of those in power.
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