The article is an example of sociologists (and women especially) working backward from a conclusion and then making assumptions to justify their conclusion.
It also does not even try to tie together the claims.
Firstly, what does entrance into a local NYC school have to do with the average incomes of a race as a whole? You would have to show large numbers 20-40 years ago, not the applicant pool of a year or two ago. Those kids are making exactly $0. I can explain that easily, everyone knows a large number of rich Asian immigrants have been coming to the US and putting that money here. 2/3rds of all home purchases the past 2 years have been by cash, without a mortgage, and a considerable amount are from Chinese immigrants. Not poor ones, they don’t have the money to buy houses obviously, but rich ones.
The poor ones come here and maybe a few do well, but that is a large, large, large sample size, and all you’re looking for is students again for that first part. But let’s say a number do earn a higher salary, and are not part of the already rich and connected that just came here for their jobs (anybody who has worked at the higher levels of finance or any other industry knows many, many people are imported from the upper classes around the world to those high level jobs in the US). Firstly, you are only looking at the successful ones, and I’ve already shown how that would be murky, and then you are making up the numbers that are successful. Anybody that believes it’s anywhere near 4/10 only needs to go to Flushing or any other densely populated Asian area to see how impossible that number is. Go to Chinatown and poor Asians are sleeping in illegal rat infested closets.
Additionally, and this is probably my favorite point, if you look at the board members of Fortune 500 companies or the top levels of government or anything else, that is, what we truly define as success, it is majority Caucasian. There is no dispute on this, it’s a pure fact. Because the sample size is so large and because most of the country is filled with Caucasians, there is no need for many to struggle forward at all. They own property in their small towns and don’t need to make a higher income. Instead they just live off their money. There was a common saying in the local bar organization “obviously you live off the interest, that’s how everyone lives” as if that was the most normal thing in the world. I didn’t come from that type of social circle so to me it was just annoying to hear that. But if you’re making say $50k in trust money interest a year, why would you need to work a $100k job and be taxed down to less than that?
Maybe some of this was addressed, as I skimmed the article, but I saw the name of the authors and skimmed through it a bit, and I just laughed. Also why weren’t Japanese people listed? They actually have the highest incomes by race in the country, not Chinese. I’ve heard of this a few weeks ago, it’s some Asian Law Professor that came up with this junk, and wrote a really racist book. That NY Times article is a very sanitized version of what was shown to me.