Better education doesn’t correlate strongly to economic mobility (but union membership does)

America’s great stagnation includes a hardening of class divisions, with fewer and fewer poor and working class people raising children who rise to the middle class or even the one percent — a fact that strikes at the heart of the cherished American notion of rags-to-riches meritocracy where you rise to prominence on the basis of your contributions to society, not the accident of your birth.

The establishment consensus is that can be solved with improved access to high-quality education — something that is a good in and of itself, regardless of its effect on class mobility — but the […]