published Dec 8th 2016, 6:30 am, by Megan McArdle (Bloomberg View) — Income mobility is a problem for everyone. Most people, in most countries, dream of a world where birth does not limit your status in society. No country has achieved this happy end, though some of them do better

At this point, it’s simply a matter of time before some company somewhere asks you to change your password because something somewhere down the line got hacked. In fact, in June of 2016, Fortune Magazine said, “It’s almost fashionable to become the victim of a data breach these days, or at least you’d think so, given the who’s-who list of companies announcing them.”