Oct 302009
 

Source: Physorg.com

The so-called "silver spoon" effect — in which wealth is passed down from one generation to another — is well established in some of the world’s most ancient economies, according to an international study coordinated by a UC Davis anthropologist.

“The study, to be reported in the Oct. 30 issue of Science, expands economists’ conventional focus on material riches, and looks at various kinds of wealth, such as hunting success, food sharing partners, and kinship networks.

“The team found that some kinds of wealth, like material possessions, are much more easily passed on than social networks or foraging abilities. Societies where material wealth is most valued are therefore the most unequal, said Monique Borgerhoff Mulder, the UC Davis anthropology professor who coordinated the study with economist Samuel Bowles of the Santa Fe Institute.”

email