On Wed, 21 Sep 2005, Doug Henwood wrote:
> you do see considerable turnover in the Forbes 400. The old WASP elite
> looks largely washed up, too....[Followed by data on mobility in the top
> income quintile] ... Of course the top quintile is still just what we'd
> think of as the upper middle class - the very rich/ruling class types
> aren't included in surveys.
True. I wonder if it might be a better sample of "the rich" to run the same analysis on the Forbes 400 across time.
At the very least, it would be nice to have both, and the Forbes data is easily accessible.
Michael