https://getpocket.com/explore/item/if-you-re-so-smart-why-aren-t-you-rich?utm_source=pocket-newtab
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.
