The development of a dashboard of statistics for the monitoring of equality of opportunity should recognize important lessons from economic theory: first, descriptive statistics associated with intergenerational mobility do not speak directly to equality of opportunity without accepting a value...

Income inequality is on the rise, and everyone, from President Obama and Pope Francis to Prince Charles and Standard & Poor's, is talking about it. But these conversations about what are arguably the most significant changes in the distribution of incomes and earnings since the 1940s are leading...