The following is compiled from the well-known Dunedin Multidisciplinary Health and Development Study and applies to cohort members at age 38.
I was most surprised to see the IQ variable included.
"The childhood IQ model also explains a low amount of wealth variation: again less than 2%. But IQ is also statistically
significant, with each extra IQ point gaining a person $5,600 more wealth at age 38."
Some Economics and Common Law of Property Rights
22 minutes ago
2 comments:
cant see I.Q as a reliable measure at all.Try political patronage and the reliable ruling class syndrome...not what you know but who...and you will be able to follow the money.Whats the I.Q of Auckland Super city's almost 1800 employees on $100k plus per annum..and the new 'ambassador to London on 230k whats his old school?
Just goes to show: anyone who stays in NZ is stupid.
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