Success and Luck: Good Fortune and the Myth of Meritocracy
Author | : | |
Rating | : | 4.20 (663 Votes) |
Asin | : | B01D8YJJOM |
Format Type | : | |
Number of Pages | : | 183 Pages |
Publish Date | : | 2017-08-18 |
Language | : | English |
DESCRIPTION:
Thought-provoking discussion. In ancient times, philosophers started to ponder to what extent success depends on individual ability and effort, rather than fate or divine intervention. Nowadays we mostly categorize these external factors as chance or luck. Over the last 150 years in the U.S., the "Land of Opportunity" individualistic philosophy has emphasized the ability side. Academics take a more nuanced view, expressed well in an earlier book Dance with Chance: Making Luck Work for You (slightly edited).“Hard work, determination, education and experience count for a great deal as regards success. But the data avai. Autobiography? Jacques Liard It is to some extent a short autobiography of the author even if he says it isn't. There are not enough examples of good fortune vs. meritocracy.It is however an essay on a different tax system which is not what one gets at first glance when buying this book. A disappointment in that sense.. A Concerned Citizen said The book Success and Luck examines the role of luck with regard to the claims of meritocracy by economic elites. Success and Luck: Good Fortune and the Myth of MeritocracyWorld War II was followed by thirty years of strong economic growth with no increase in economic inequality. This has been followed by forty years of slower growth with rapidly increasing inequality. Compelling evidence suggests that this sequence is counterproductive, not just for the poor and middle class, but for the wealthy themselves. Nevertheless, economic elites advance whatever arguments they can to justify their privileged status. One of these arguments is meritocracy, which is the claim that some combination of innate superior
In Success and Luck, bestselling author and New York Times economics columnist Robert Frank explores the surprising implications of those findings to show why the rich underestimate the importance of luck in success - and why that hurts everyone, even the wealthy. If this sounds implausible, you'll be surprised to discover that the solution requires only a few, uncontroversial steps. In recent years, social scientists have discovered that chance plays a much larger role in important life outcomes than most people imagin