Jacob Jefferson

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Obviously, the types of jobs and levels of skill required at this level have changed considerably over time: in the interwar years, high school teachers and even late-career grade school teachers belonged to “the 9 percent,” whereas today one has to be a college professor or researcher or, better yet, a senior government official to make the grade.8 In the past, a foreman or skilled technician came close to making it into this group. Today one has to be at least a middle manager and increasingly a top manager with a degree from a prestigious university or business school.
Capital in the Twenty-First Century
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