The real inequality gap

Via The Economist:
…today’s rich increasingly pass on to their children an asset that cannot be frittered away in a few nights at a casino. It is far more useful than wealth, and invulnerable to inheritance tax. It is brains.
Click the link to see more: Education and class: America’s new aristocracy | The Economist
Points:
  • “…clever, successful men marry clever, successful women. Such “assortative mating” increases inequality by 25%, by one estimate, since two-degree households typically enjoy two large incomes. Power couples conceive bright children and bring them up in stable homes—only 9% of college-educated mothers who give birth each year are unmarried, compared with 61% of high-school dropouts. They stimulate them relentlessly: children of professionals hear 32m more words by the age of four than those of parents on welfare. They move to pricey neighbourhoods with good schools, spend a packet on flute lessons and pull strings to get junior into a top-notch college.”
  • “The solution is not to discourage rich people from investing in their children, but to do a lot more to help clever kids who failed to pick posh parents. The moment to start is in early childhood, when the brain is most malleable and the right kind of stimulation has the largest effect. There is no substitute for parents who talk and read to their babies, but good nurseries can help, especially for the most struggling families.”

What role do school districts and teachers have in encouraging parents to actively participate in their children’s learning at home?

Why progress endures

Via Christian Science Monitor:
…even if civilization is cyclical, progress is different. Progress doesn’t rise or fall. It accumulates day by day, century by century.
Click the link to see more: Why progress endures - CSMonitor.com

Some argue we don’t appreciate it enough and so are unhappy because we want more. Others agree that the world is a much better place.

Much of our progress has come from different kinds of innovation. What do you think?

Here are a couple of videos, one of them very funny:

Our Father, Who Art In The Apple Store: The Decline Of Christmas And The Looming Tech Nightmare

Via New Geography:

Despite the annual holiday pageantry, in the West religion is on the decline, along with our society’s emphasis on human relationships.

…

In contrast, the religion of technology is gaining adherents.

Our Father, Who Art In The Apple Store: The Decline Of Christmas And The Looming Tech Nightmare | Newgeography.com

Points:

  • “For millennials, religion is increasingly a matter of personalized “self knowledge” that need not be pursued in church, or as part of their community.”
  • “…avid users of social media tend to have lots of ‘friends’ but the fewest personal ties.”
  • “…reliance on social media tends to work against forming intimate ties, which rest on such real-world factors as proximity and shared experiences.”

The question for our age: Who needs God when you have tech?

How Humans Spend Their Time

How Humans Spend Their Time - Business Insider:

So what do we humans do with all the extra hours our miraculous progress and productivity enhancements have allowed us to create for ourselves? 
We spend them watching television. 
Allan Bloom was not available for comment.

A perspective on personal budgeting as you think about your New Year's resolutions

Power Trio Breaks Down Complicated Budgets - Business Insider: "According to Manisha Thakor and Sharon Kedar, authors of On My Own Two Feet, you really only need three basic expenses in your budget: foundation expenses, fun expenses, and future expenses."



One thing it does is clearly illustrate the impact of taxes on your personal finances.

The Vanishing Male Worker: How America Fell Behind - NYTimes.com

The Vanishing Male Worker: How America Fell Behind - NYTimes.com: The new frontier for men's ministry in churches?

The secret to financial independence

Carl Richards Napkin Sketches Giveaway - Business Insider: Not quite so secret.



Challenge: The concepts make sense, but execution is the key. Execution takes discipline.