Transmitting Inequality: Wealth and the American Family

While the United States is the world's richest nation, the distribution of private property and wealth among Americans is often comprised of alarmingly disparate portions. With a rapidly aging and increasingly diverse population, the interdependence between generations, institutions, and social spheres has become essential to social stratification processes in contemporary American society..

In this authoritative work, Yuval Elmelech investigates the role that family transactions of materia...