Bias against the rich takes another knock: We all know that if your born into a rich family, your future is guaranteed, right? Some Americans go from rags to riches, but Daddy will make sure the opposite never happens. The General Social Survey asked respondents about their occupations and those of their fathers. I looked at the 262 men whose fathers had prestige scores in the top 10%. If the "silver spoon" hypothesis is correct, all these guys should have prestige scores at least as high as Pop's. On the other hand, if the process were purely random, only 10% of the sons would equal Dad's accomplishments. So what do the data tell us? Only 26.4% of these guys equalled or surpassed their childhood status. Basically three-quarters of them were riches to rags (well, not rags usually, but you get the picture).
Of course, a person is not surprised by this if he is familiar with the idea of the regression to the mean, but in our innumerate society, few are. (By the way, "he" was used intentionally in the last sentence).
(And don't think that I'm some richie trying to defend my class: I'm the son of a maintenance man.)