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How much is a child's future success determined by innate intelligence? Economist James Heckman says it's not what people think. He likes to ask educated non-scientists -- especially politicians and policy makers -- how much of the difference between people's incomes can be tied to IQ. Most guess around 25 percent, even 50 percent, he says. But the data suggest a much smaller influence: about 1 or 2 percent.
So if IQ is only a minor factor in success, what is it that separates the low earners from the high ones? Or, as the saying goes: If you're so smart, why aren't you rich?
Science doesn't have a definitive answer, although luck certainly plays a role. But another key factor is personality, according to a paper Heckman co-authored in the Proceedings of the National Academy of Sciences last month. He found financial success was correlated with conscientiousness, a personality trait marked by diligence, perseverance and self-discipline.
Why aren't you rich? You obviously slept with the wrong people!
(Score: 3, Funny) by butthurt on Wednesday December 28 2016, @07:50PM
No! Populated, or unpopulated. There is no nearly unpopulated.
(Score: 0) by Anonymous Coward on Wednesday December 28 2016, @08:07PM
Try or try not. There is no try nearly.
(Score: 1, Funny) by Anonymous Coward on Wednesday December 28 2016, @08:15PM
try catch finally
(Score: 0) by Anonymous Coward on Wednesday December 28 2016, @08:27PM
There is no finally. There is only the ~Destructor. Choose and perish!
(Score: 2) by tibman on Wednesday December 28 2016, @08:58PM
Government took my free()dom away with a data retention policy. All my private data is heaped up somewhere.
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