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possible education io greatly differentiated, oo that
there io more opportunity than night have seemod at
first to increase the investment in education. It is
clear, however, that the frontier io not os open as
in the cose of wealth which io impersonal oo that
the individual capitalist is faced with a world of
opportunities for using additional capitals Ho has
merely to buy twice as oany houses or factories while
the educational itwotor nay have to thin-: herd before
he finds a reasonable xiay of doubling Ms investment,
.find yet it appears that the tendency for diffusion of
incomes, i.o. of the pushing out of the top scale of
incomes to over higher levels, io no loss prominent
in the case of earned than of unearned income. She up
shot io that we have to take a closer look on the
opportunities offered by the market which for the reasons
just mentioned are more important in the cose of earned
income than in the cose of wealth.
We night also put it oo follows* fThe range of the rate
of return to wealth io limited enough to be restricted
to values below 100 % or louor.In the cose of earned In
come the relation to an educational investment will
quito often include returns of several hundred percent:.
Or, to put It still another way* It seems that the In
equalities of earned income could not be adequately