[Mikeb85]

Social mobility != wealth and doesn't even necessarily correlate. Some countries have high mobility and are rich (Germany, Sweden, Canada). Some countries have low mobility and are still rich (US, UK, or maybe for a more extreme example, Saudi Arabia). Some relatively poor countries have low mobility (Brazil, Argentina). Some poor countries have high mobility where the topline is still poor.

Education does help the total wealth of a nation. But education doesn't necessarily help anyone change their social standing within a single country.

[vlehto]

My understanding is that you claimed that education does not help one bit to social mobility. On national level, to big groups of people. I still think that is false and I still have not seen any one example that would even rise a suspicion that your claim could be sometimes true.

[perl4ever]

Doesn't high mobility actually mean that outcomes aren't correlated to inputs, which doesn't seem like an obviously good thing? Low mobility would also mean the same thing. Somewhere in between would be where the actual difference between generations equals the difference in outcomes.