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F. George McDuffee F. George McDuffee is offline
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Default Income gap between rich and poor

On Thu, 22 Apr 2010 22:54:24 -0500, Ignoramus10488
wrote:
snip
My own theory in the widening income gap between well paid people and
badly paid people is very simple. It is not very much about politics
and mostly about economics, IQs and productivity.

snip
An interesting discussion, but one that omits an important
element, namely "luck."

I am not so much referring to winning the lottery, as being
lucky enough to be in the right place, at the right time,
with the required set of talents, skills and knowledge.

In too many cases people confuse the relative importance of
being lucky (including being born to the right parents) with
being smart/exceptional.


Unka George (George McDuffee)
...............................
The past is a foreign country;
they do things differently there.
L. P. Hartley (1895-1972), British author.
The Go-Between, Prologue (1953).