The Great Gatsby curve

Both Ross Douthat  and editors of this piece [1] did a poor job, discussing  “the Great Gatsby curve”.  Indeed, the curve is not applicable to  Douthat family (too small statistical sample size). For the same reason this curve is not applicable to the territories inside the USA.  The points in the curve are separate and quite different from one another countries. USA is also there as one point. By the way, we do not look good in  “the Great Gatsby curve”, if you wanted to ask.

So to state that somehow huge inequality does not lead to waste of talents in our country is laughable, since such a statement is based on misunderstanding of basic statistics.

1. De Blasio’s Long Odds