Analyzing Finance with Nick

← Analyzing Finance with Nick13 Jul · 14 min

Why You Have Same Career as Your Parents

Why You Have Same Career as Your Parents13 Jul14 min

The Truth About Social Mobility: Why Kids Often Inherit Their Parents’ Careers

Occupational and income mobility often stay within the “niches” people grow up in. People are far more likely to share a profession with their parents—especially in licensed fields like medicine and law. Drivers include human-capital transmission, psychological conditioning (notably for entrepreneurs), and inherited networks.

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