Parental wealth is especially important for social mobility, because it can provide informal insurance that allows kids to take more risks in search … - Robert D. Putnam

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Parental wealth is especially important for social mobility, because it can provide informal insurance that allows kids to take more risks in search of more reward.

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The timing of the Internet explosion means that it cannot possibly be causally linked to the crumbling of social connectedness described in previous chapters. Voting, giving, trusting, meeting, visiting, and so on had all begun to decline while Bill Gates was still in grade school.

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