Worth a read: Paul Krugman’s ironically humorous, yet sadly true “The Sons Also Rise”:
Underlying economic, social and political trends will give the children of today’s wealthy a huge advantage over those who chose the wrong parents.
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Meanwhile, one key doorway to upward mobility — a good education system, available to all — has been closing. More and more, ambitious parents feel that a public school education is a dead end. It’s telling that Jack Grubman, the former Salomon Smith Barney analyst, apparently sold his soul not for personal wealth but for two places in the right nursery school. Alas, most American souls aren’t worth enough to get the kids into the 92nd Street Y.
Just this morning Jennifer and I were discussing the difficulty of reconciling a strong belief in public education with the horrible state of public schools, especially in cities like our own. Can one really afford gamble ones children’s education on making a political statement? This question will certainly resurface in these pages…
Thanks to RRE for the pointer…