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posted by cmn32480 on Wednesday December 28 2016, @07:34PM   Printer-friendly
from the carry-a-four-leaf-clover dept.

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!


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  • (Score: 1, Funny) by Anonymous Coward on Wednesday December 28 2016, @08:15PM

    by Anonymous Coward on Wednesday December 28 2016, @08:15PM (#446838)

    try catch finally

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  • (Score: 0) by Anonymous Coward on Wednesday December 28 2016, @08:27PM

    by Anonymous Coward on Wednesday December 28 2016, @08:27PM (#446843)

    There is no finally. There is only the ~Destructor. Choose and perish!

    • (Score: 2) by tibman on Wednesday December 28 2016, @08:58PM

      by tibman (134) Subscriber Badge on Wednesday December 28 2016, @08:58PM (#446851)

      Government took my free()dom away with a data retention policy. All my private data is heaped up somewhere.

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      SN won't survive on lurkers alone. Write comments.