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It’s better to be born rich than gifted (2018)

washingtonpost.com

2 points by ColonelBlimp 3 years ago · 3 comments

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ColonelBlimpOP 3 years ago

The Washington Post article referenced this working paper “Genes, Education, and Labor Market Outcomes: Evidence from the Health and Retirement Study” https://www.nber.org/papers/w25114

And a recent tweet https://twitter.com/jpazvd/status/1628429415364325376

mdragatsis 3 years ago

Definitely gifted. When gifted, you have a much better chance of cultivating wealth than when not Also, when you create your own wealth there is a certain fulfillment you will never get from an inheritance.

  • raxxorraxor 3 years ago

    I would choose the same, but I know very gifted people that simply aren't economically successful. They aren't poor by any standards, but after a critical line it seems that inheritance or chance plays a larger role.

    At some point intelligence can even be a hindrance for career. People will notice and quite a few wouldn't approve of someone with more capacity than themselves.

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