Semi-Daily Journal Archive

The Blogspot archive of the weblog of J. Bradford DeLong, Professor of Economics and Chair of the PEIS major at U.C. Berkeley, a Research Associate of the National Bureau of Economic Research, and former Deputy Assistant Secretary of the U.S. Treasury.

Sunday, February 26, 2006

Class, Status, Vehicular Manslaughter

An excellent story from Bitch, Ph.D., who finds two young American men's roads diverging on a wet slippery night:

Bitch Ph.D. : Mi familia; or, visiting the iniquity of the fathers on the children: Two stories about two different young men.

1. J. immigrated with his family from Russia. In Russia, his family was wealthy, and after they arrived in the States, they quickly re-established themselves, using their education and business acumen, so that they are now quite comfortably upper middle class. J. was a student of mine and is now a friend to whom I am something of a mentor. I wrote him recommendations for several law schools, and he is now enrolled at one of the better ones in this country.

J. loved car racing and driving fast. For his 16th birthday, his parents leased him a new sporty car. He did some modifications on it and, unknown to them, used the money that was amply provided to him to take racing classes at a local track, and to occasionally race there. He liked to speed, and had an accident (which pissed his parents off), but he generally avoided street races because he did not want to run afoul of the law, since he had aspirations to go to law school.

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