Inheritance Economy: Intergenerational Wealth Transfer, Its Scale, and the Mobility It Forecloses

Somewhere tonight, a woman is opening an envelope she never expected to receive for another twenty years. Inside is a number that will change the shape of her life, and she did not earn a single dollar of it.She is not alone. One hundred twenty four trillion dollars is moving from one generation to the next right now, the largest transfer of wealth in human history, and almost nobody is talking ab...