Time is a wealth of change, but the clock in its parody makes it mere change and no wealth.
- Rabindranath Tagore, 1861 - 1941
More like this
As I gave a nod to statistical tricks and subtle shell games very recently, the material I review subsequently should be viewed with skepticism and caution.
EurekAlert provides the latest dispatch from the class war, the the form of a release headlined " Family wealth may explain differences in test scores in school-age children":
And in non-goat news....
According to the study, the inflation-adjusted median wealth among Hispanic households fell 66% from 2005 to 2009. Black households suffered a 53% drop in net worth over the same period. By contrast, whites saw a decline of 16% in household wealth.
Intergenerational Wealth Transmission and the Dynamics of Inequality in Small-Scale Societies: