In 'The Son Also Rises,' economist Gregory Clark uncovers a fascinating narrative about social mobility across generations. Through groundbreaking data analysis, Clark challenges the myth of the American Dream by revealing startling patterns of wealth transmission among families. As he journeys through history, from the medieval period to the present, readers are confronted with unexpected truths about class and opportunity. The intricate interplay of genetics, culture, and circumstance unveils a sobering reality: the more things change, the more they stay the same. This thought-provoking exploration leaves us questioning our own beliefs about meritocracy and the future of social mobility.
By Gregory Clark
Published: 2015
""The past is not a mere prelude to the present; it is a force that shapes our very being, weaving through generations and echoing in the choices we make today.""
"How much of our fate is tied to the status of our parents and grandparents? How much does this influence our children? More than we wish to believe! While it has been argued that rigid class structures have eroded in favor of greater social equality, The Son Also Rises proves that movement on the social ladder has changed little over eight centuries. Using a novel technique -- tracking family names over generations to measure social mobility across countries and periods -- renowned economic historian Gregory Clark reveals that mobility rates are lower than conventionally estimated, do not vary across societies, and are resistant to social policies. The good news is that these patterns are driven by strong inheritance of abilities and lineage does not beget unwarranted advantage. The bad news is that much of our fate is predictable from lineage. Clark argues that since a greater part of our place in the world is predetermined, we must avoid creating winner-take-all societies."--Jacket.
Gregory Clark is an esteemed economist and historian known for his innovative research on economic history and social mobility. He is a professor at the University of California, Davis, where he focuses on the interplay between historical institutions and modern economic performance. Clark gained widespread recognition for his influential book, "A Farewell to Alms," which explores the causes of the Industrial Revolution and its impact on economic inequality. His work often combines insights from historical data with rigorous economic analysis, challenging conventional narratives. In addition to his academic contributions, Clark is a sought-after speaker and has published numerous articles in prestigious journals, further establishing his reputation in the field.
Key information about the book.
Support local bookstores: BookShop gives a portion of each sale to independent bookshops!
In 'The Rise and Fall of American Growth', economist Robert J. Gordon explores the transformative economic changes in the United States from the Civil War to the present day. He argues that the unprecedented growth in productivity and living standards during the early 20th century was a unique historical event that has now waned. As technological advances slow and inequality rises, Gordon challenges the optimistic narrative of perpetual progress. With a keen examination of historical data and cultural shifts, he raises questions about America’s future economic trajectory. This thought-provoking analysis invites readers to reconsider the sustainability of growth in an increasingly complex world.
In 'Democracy at Work', Richard D. Wolff challenges the conventional notions of democracy and the workplace, advocating for a radical transformation where workers have a say in their enterprises. Through compelling arguments and real-world examples, he explores the failures of capitalism and presents a vision for a more just and equitable economic system. Wolff introduces the idea of worker cooperatives as a feasible alternative, illustrating how they can empower employees and foster true democratic practices. This thought-provoking book urges readers to reconsider their understanding of democracy beyond the confines of politics and into the very fabric of their daily work lives. Are we ready to rethink who really holds the power in the workplace?
In 'The Road of Lost Innocence', Somaly Mam reveals her harrowing journey from a life of exploitation in Cambodia to becoming a fierce advocate for children’s rights. With poignant storytelling, she uncovers the dark realities of human trafficking and the resilience of those caught in its grip. As Mam faces unimaginable challenges, her strength and determination shine through, inspiring hope for a better future. This memoir is not just a personal tale; it’s a call to action for all to join the fight against modern slavery. Discover the transformative power of courage and compassion in a world where innocence is often lost.
No summary available
In 'The Age of Surveillance Capitalism', Shoshana Zuboff unveils the hidden mechanisms behind the digital economy that manipulate personal data for profit. This gripping exploration reveals how tech giants harvest our behaviors and emotions, reshaping our societies and economies. Zuboff warns of a future where privacy is obliterated, and our very autonomy is at stake. With compelling evidence and insightful analysis, she urges us to reclaim control over our lives and destinies. Are we prepared to confront the consequences of this digital revolution?
In 'Big, Hot, Cheap, and Right', Erica Grieder explores the allure and challenges of Texas, a state that embodies a unique blend of opportunity and excess. Through captivating anecdotes, she reveals how the Texan spirit fuels innovation and economic growth, while also grappling with issues of inequality and environmental impact. Grieder invites readers to confront the complexities of a land where everything seems bigger, hotter, and more affordable. As the narrative unfolds, it becomes clear that Texas is not just a place, but a mindset that can offer lessons for the rest of America. Will the boldness of Texas inspire the nation to rethink what it means to thrive?
In 'The Journalist and the Murderer', Janet Malcolm explores the complex relationship between truth and storytelling in the world of journalism. The book delves into the chilling case of a convicted murderer who forms a bond with a reporter seeking to uncover his story. Malcolm artfully questions the ethical boundaries of reporting and the moral responsibilities of journalists. As the narrative unfolds, the lines blur between the storyteller and the subject, raising unsettling questions about trust and betrayal. This thought-provoking work challenges readers to reconsider the motives behind every story and the price of honesty.
In 'Wallflower at the Orgy', Nora Ephron invites readers into her witty and candid world of Hollywood, exploring the glitz, glamour, and the sobering truths behind the scenes. Through her sharp observations and humorous anecdotes, she reflects on the absurdities of life in the spotlight while grappling with the complexities of love, friendship, and ambition. Ephron's distinctive voice shines as she navigates the cultural landscape, revealing how laughter can often mask deeper emotions. This memoir not only illuminates her own journey but also the ever-elusive quest for connection amidst chaos. Will Ephron find solace in the midst of the orgy, or is she destined to remain a wallflower?
Showing 8 of 29 similar books

John Doerr is an American venture capitalist and chairman of Kleiner Perkins, one of the most prominent venture capital firms in Silicon Valley. Doerr has backed some of the biggest names in tech, including Google, Amazon, and Netscape, and has played a crucial role in the rise of the internet economy. He is also the author of Measure What Matters, which popularized the concept of Objectives and Key Results (OKRs) as a method for goal-setting in organizations. Doerr is a passionate advocate for addressing climate change and has invested in clean energy startups to help combat global warming. His contributions to tech and sustainability have made him a leading figure in venture capital.

Alexis Ohanian is an American entrepreneur, investor, and co-founder of Reddit, one of the world’s most popular social news and discussion platforms. Ohanian is also a prominent advocate for open internet and net neutrality, and he has invested in numerous startups through his venture capital firm, Initialized Capital. In addition to his work in tech, Ohanian is involved in philanthropy, supporting causes related to women’s rights, education, and social justice. He is married to tennis star Serena Williams, and together they advocate for gender equality and inclusive leadership. Ohanian’s influence in the tech world and his commitment to social impact have made him a respected figure in both business and activism.

Ana Lorena Fabrega is an innovative educator and author passionate about reimagining education. Known as “Ms. Fab,” she is the Chief Evangelist at Synthesis, an education startup inspired by the problem-solving and collaboration model used at SpaceX. She advocates for alternative learning methods, encouraging curiosity and creativity in students. Ana's work emphasizes the importance of engaging young learners in real-world challenges and critical thinking. She also shares insights on education reform through her popular newsletter, Fab Fridays.

Alex Honnold is an American professional rock climber, best known for his free solo ascent of El Capitan in Yosemite National Park, a feat that was documented in the Oscar-winning film Free Solo. Honnold is renowned for his mental toughness, technical skill, and ability to climb without ropes or safety equipment. His accomplishments have made him a legend in the climbing world, and he continues to push the boundaries of the sport. Outside of climbing, Honnold is a philanthropist, founding the Honnold Foundation, which supports environmental sustainability projects, particularly in solar energy.

Ben Shapiro is an American conservative political commentator, author, and lawyer, known for his sharp analytical skills and outspoken views. He graduated from UCLA at the age of 20 and Harvard Law School at 23, demonstrating his early intellectual prowess. Shapiro is the author of several best-selling books including "Bullies: How the Left's Culture of Fear and Intimidation Silences Americans" and "The Right Side of History: How Reason and Moral Purpose Made the West Great." He is the co-founder and editor emeritus of The Daily Wire, a popular conservative news and opinion website. Through his writing and media presence, Shapiro has significantly influenced contemporary political discourse in the United States.

Barack Obama is the 44th President of the United States, serving from 2009 to 2017. As the first African American president, Obama’s leadership marked a historic moment in American history. His administration focused on healthcare reform, economic recovery from the Great Recession, and environmental policies. He is best known for the Affordable Care Act, as well as his efforts to expand civil rights and restore diplomatic relations with Cuba. Since leaving office, Obama has continued to engage in public life through his foundation, focusing on leadership development, civic engagement, and global issues.

Brad Feld is a prominent American entrepreneur, venture capitalist, and author known for his influential work in the startup ecosystem. Co-founder of the Foundry Group, he has played a pivotal role in funding and mentoring early-stage technology companies. Feld is also a key figure behind the Techstars accelerator program, which has helped launch numerous successful startups. As an author, he has penned several essential books on entrepreneurship and venture capital, including "Venture Deals" and "Startup Communities," which provide invaluable insights for aspiring entrepreneurs and investors. His writings and active blogging have cemented his reputation as a thought leader in the tech and startup communities.

Daniel Petre is a distinguished Australian entrepreneur, author, and philanthropist known for his impactful contributions to the business and literary worlds. He co-founded the venture capital firm AirTree Ventures, which has significantly influenced the technology startup ecosystem in Australia. Petre has authored several influential books on technology and leadership, including "The Clever Country?" and "Father Time," which explore themes of innovation and work-life balance. His writing often reflects his deep commitment to shaping a forward-thinking, inclusive society. Beyond his literary and business endeavors, Petre is also recognized for his substantial philanthropic efforts, particularly in education and healthcare.
Showing 8 of 15 related collections
“"The past is not a mere prelude to the present; it is a force that shapes our very being, weaving through generations and echoing in the choices we make today."”
The Son Also Rises
By Gregory Clark
Discover a world of knowledge through our extensive collection of book summaries.