Is luck the reason the rich get richer?

04/23/2013 | Bloomberg Businessweek

In the U.S., the top 20% of society gets about half the nation's income and the top 10% controls about 70% of the wealth, the Congressional Budget Office reports. Charles Kenny of the Center for Global Development and the New America Foundation writes that luck is the reason. A privileged background, he writes, leads to better education and opportunities.

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