So What Do Your Parents Do? Great-Grandparents?

Income mobility is a problem for everyone. Most people, in most countries, dream of a world where birth does not limit your status in society. No country has achieved this happy end, though some of them do better than others. Income mobility statistics are created, worried over, analyzed for some sign of possible cures. A new paper out of Sweden suggests that we should perhaps be worrying even more than we do, and that the cures may be harder to come by than we thought.