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Book: Dream Hoarders: How the American Upper Middle Class Is Leaving Everyone Else in the Dust, Why That Is a Problem, and What to Do About It
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  1. Richard V. Reeves _ Dream Hoarders: How the

    When we hoard opportunities, we help our own children but hurt others by reducing their chances of securing those opportunities. Every college place or internship that goes to one of our kids because of a legacy bias or personal connection is one less available to others. We may prefer not to dwell on the unfairness here, but that's simply a moral failing on our part. Too many upper middle-class Americans still insist that their success, or the success of their children, stems entirely from brilliance and tenacity; "born on third base, thinking they hit a triple," in football coach Barry Switzer's vivid phrase.
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  2. Richard V. Reeves _ Dream Hoarders: How the

    And here is the difficult part. However messily it is expressed, much of the criticism of our class is true. We proclaim the "net" benefits of free trade, technological advances, and immigration, safe in the knowledge that we will be among the beneficiaries. Equipped with high levels of human capital, we can flourish in a global economy. The cities we live in are zoned to protect our wealth, but deter the unskilled from sharing in it. Professional licensing and an immigration policy tilted toward the low-skilled shield us from the intense market competition faced by those in nonprofessional occupations. We proclaim the benefits of free markets but are largely insulated from the risks they can pose. Small wonder other folks can get angry.
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