Investigating the “Carnegie effect”

Industrialist Andrew Carnegie claimed that parents who bequeath vast fortunes to their children deaden the “talents and energies” of their offspring. But do inheritances really have such effects, and can those effects be quantified?Erlend E. B ⊘, Elin Halvorsen andThor O. Thoresen investigate

Source: Significance - May 26, 2020 Category: Statistics Authors: Erlend E. B ⊘, Elin Halvorsen, Thor O. Thoresen Tags: In Brief Source Type: research