> While the average American born in the bottom 20% has a 7.8% chance of reaching the top 20%, that number is actually 25% for Asians.
Exactly. Amy Chau wrote a great book called The Triple Package that points this out and the fact that its not just Asians (which broadly lumps Indians and all other Asian cultures together): Nigerian immigrants, Cuban exiles, Lebonese, Mormons, Iranians, Jews, all see roughly the same phenomena of surpassing average American household income. Its considered taboo to point out that income inequality is largely cultural.
Exactly. Amy Chau wrote a great book called The Triple Package that points this out and the fact that its not just Asians (which broadly lumps Indians and all other Asian cultures together): Nigerian immigrants, Cuban exiles, Lebonese, Mormons, Iranians, Jews, all see roughly the same phenomena of surpassing average American household income. Its considered taboo to point out that income inequality is largely cultural.