{"id":10586,"date":"2014-08-10T18:02:19","date_gmt":"2014-08-10T22:02:19","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=10586"},"modified":"2014-08-10T18:02:19","modified_gmt":"2014-08-10T22:02:19","slug":"is-a-hard-life-inherited-nytimes-com","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/10\/is-a-hard-life-inherited-nytimes-com\/","title":{"rendered":"Is a Hard Life Inherited? | NYTimes.com"},"content":{"rendered":"<p>Nicholas Kristof writes in the New York Times:<\/p>\n<blockquote>\n<p>ONE delusion common among America\u2019s successful people is that they triumphed just because of hard work and intelligence. In fact, their big break came when they were conceived in middle-class American families who loved them, read them stories, and nurtured them with Little League sports, library cards and music lessons. They were programmed for success by the time they were zygotes.Yet many are oblivious of their own advantages, and of other people\u2019s disadvantages.<\/p>\n<p>&#8230;.This crisis in working-class America doesn\u2019t get the attention it deserves, perhaps because most of us in the chattering class aren\u2019t a part of it.<\/p>\n<p>There are steps that could help, including a higher minimum wage, early childhood programs, and a focus on education as an escalator to opportunity. But the essential starting point is empathy.<\/p>\n<\/blockquote>\n<p>Read more at <a href='http:\/\/www.nytimes.com\/2014\/08\/10\/opinion\/sunday\/nicholas-kristof-is-a-hard-life-inherited.html?smid=tw-share&#038;_r=1'>Is a Hard Life Inherited? &#8211; NYTimes.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nicholas Kristof writes in the New York Times: ONE delusion common among America\u2019s successful people is that they triumphed just because of hard work and intelligence. In fact, their big break came when they were conceived in middle-class American families who loved them, read them stories, and nurtured them with Little League sports, library cards &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/10\/is-a-hard-life-inherited-nytimes-com\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Is a Hard Life Inherited? | NYTimes.com&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[28,34],"tags":[1826],"class_list":["post-10586","post","type-post","status-publish","format-standard","hentry","category-taxes-inequality","category-us-canada-countries-regions","tag-inequality"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Is a Hard Life Inherited? | NYTimes.com - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is a Hard Life Inherited? | NYTimes.com - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Nicholas Kristof writes in the New York Times: ONE delusion common among America\u2019s successful people is that they triumphed just because of hard work and intelligence. In fact, their big break came when they were conceived in middle-class American families who loved them, read them stories, and nurtured them with Little League sports, library cards &hellip; Continue reading &quot;Is a Hard Life Inherited? | NYTimes.com&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/10\/is-a-hard-life-inherited-nytimes-com\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2014-08-10T22:02:19+00:00\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/10\/is-a-hard-life-inherited-nytimes-com\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/10\/is-a-hard-life-inherited-nytimes-com\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"Is a Hard Life Inherited? | NYTimes.com\",\"datePublished\":\"2014-08-10T22:02:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/10\/is-a-hard-life-inherited-nytimes-com\/\"},\"wordCount\":160,\"commentCount\":4,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"Inequality\"],\"articleSection\":[\"Taxes &amp; Inequality\",\"US &amp; Canada\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/10\/is-a-hard-life-inherited-nytimes-com\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/10\/is-a-hard-life-inherited-nytimes-com\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/10\/is-a-hard-life-inherited-nytimes-com\/\",\"name\":\"Is a Hard Life Inherited? | NYTimes.com - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2014-08-10T22:02:19+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/10\/is-a-hard-life-inherited-nytimes-com\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/10\/is-a-hard-life-inherited-nytimes-com\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/10\/is-a-hard-life-inherited-nytimes-com\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Is a Hard Life Inherited? | NYTimes.com\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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He argues that unequal wealth\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10064,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/06\/22\/the-inequality-debate-thomas-piketty-and-ryan-bourne-iea\/","url_meta":{"origin":10586,"position":1},"title":"The inequality debate | Thomas Piketty and Ryan Bourne IEA","author":"ColinTwiggs","date":"June 22, 2014","format":false,"excerpt":"The inequality debate: Thomas Piketty and Ryan Bourne, of the Institute of Economic Affairs. http:\/\/vimeo.com\/98715433 One mistake Piketty makes: he uses a marginal tax rate of 80% in the US in the 1920s and 1930s on incomes over $1 million to justify higher taxes on incomes over $1 million today.\u2026","rel":"","context":"In &quot;Taxes &amp; Inequality&quot;","block_context":{"text":"Taxes &amp; Inequality","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/taxes-inequality\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10062,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/06\/22\/the-inequality-debate-richard-epstein\/","url_meta":{"origin":10586,"position":2},"title":"The inequality debate | Richard Epstein","author":"ColinTwiggs","date":"June 22, 2014","format":false,"excerpt":"Professor Richard Epstein on the inequality debate and related issues in the US. http:\/\/vimeo.com\/98678656","rel":"","context":"In &quot;Taxes &amp; Inequality&quot;","block_context":{"text":"Taxes &amp; Inequality","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/taxes-inequality\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9914,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/05\/26\/policy-not-capitalism-is-to-blame-for-the-income-divide-ft\/","url_meta":{"origin":10586,"position":3},"title":"Policy, not capitalism, is to blame for the income divide | FT","author":"ColinTwiggs","date":"May 26, 2014","format":false,"excerpt":"James Galbraith describes the research on inequality over the last two decades at the University of Texas Inequality Project: Since 2000, inequality has declined in the post-neoliberal countries of South America, and we believe it has been falling since 2008 in China. There, ever more comprehensive urbanisation plays a major\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9494,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/03\/16\/silence-of-the-left-john-goodman\/","url_meta":{"origin":10586,"position":4},"title":"Silence of the Left | John Goodman","author":"ColinTwiggs","date":"March 16, 2014","format":false,"excerpt":"John Goodman points out that while the left are extremely vocal on the issue of income inequality, they are largely silent on the issue of reforming the public education system to create equal opportunity for all students. Here is the uncomfortable reality:1.Our system of public education is one of the\u2026","rel":"","context":"In &quot;Interests&quot;","block_context":{"text":"Interests","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/interests\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9429,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/03\/09\/income-inequality-ask-the-wrong-question-and-you-will-get-the-wrong-answer\/","url_meta":{"origin":10586,"position":5},"title":"Income inequality: Ask the wrong question, get the wrong answer","author":"ColinTwiggs","date":"March 9, 2014","format":false,"excerpt":"John Mauldin writes That income inequality stifles growth is not simply the idea of two economists in St. Louis. It is a widely held view that pervades almost the entire academic economics establishment. Nobel prize-winning economist Joseph Stiglitz has been pushing such an idea for some time (along with Paul\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/10586","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=10586"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/10586\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=10586"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=10586"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=10586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}