Joe Pinsker: In the book, you write about a financial cushion available to certain college graduates that you refer to as “the bank of mom and dad.” How does this work, and what are its consequences for who gets a chance at certain jobs?

Daniel Laurison: I think the image that we have—or the ideology, if you want to be political about it—is once you’re 18 or so, you make your own way and your class origin is not an important part of how your career goes from there. But what my co-author Sam and I found was, that’s not at all true.

In the book, we talked about people pursuing acting, which is a very contingent, hard path to pursue. Most people, when they start, aren’t making most of their money from acting, and so people who are able to rely on their parents to help them are much more able to pursue acting fully, because they don’t have to worry about maintaining a regular, full-time job just to eat and live.

That’s the starkest example in the book, but there are lots of other ways that having money from your parents can make a difference in your career. In the U.K., if you work in London, you’re likely to earn a lot more, and you’re more likely to be at the center of your field. And living in London is very expensive. So a lot of people who are living in London got some help from their parents to make a down payment on a house or some help with the rent, which was the case in fields other than acting, too. And the other place I think parents’ help makes a big difference is in who can take unpaid or very low-paid internships, which are the entry points for lots of high-status, high-paid careers.

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Pinsker: And once people get these sorts of jobs, you write about the importance of “sponsorship”—basically, when some senior employee informally takes someone younger under their wing and helps them advance through the company. What did you notice about how those systems of sponsorship worked?

Laurison: I think that a lot of people, on some level what they think they’re doing when they sponsor young co-workers is spotting talent—they called it “talent-mapping” in the accounting firm we studied. But a lot of people we talked to were also able to reflect and say, “Part of why I was excited about that person, probably, is because they reminded me of a younger version of myself.” The word we use in sociology is homophily—people like people who are like themselves.

One of the big ideas of the book, for me, is it’s really hard for any given individual in any given situation to fully parse what’s actual talent or intelligence or merit, and what’s, Gosh, that person reminds me of me, or I feel an affinity for them because we can talk about skiing or our trips to the Bahamas. Part of it is also that what your criteria are for a good worker often comes from what you think makes you a good worker.