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Success and Luck: Good Fortune and the Myth of Meritocracy | |||
Success and Luck: Good Fortune and the Myth of Meritocracy |
How important is luck in economic success? No question more reliably divides conservatives from liberals. As conservatives correctly observe, people who amass great fortunes are almost always talented and hardworking. But liberals are also correct to note that countless others have those same qualities yet never earn much. In recent years, social scientists have discovered that chance plays a much larger role in important life outcomes than most people imagine. 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.
Frank describes how, in a world increasingly dominated by winner-take-all markets, chance opportunities and trivial initial advantages often translate into much larger ones and enormous income differences over time; how false beliefs about luck persist, despite compelling evidence against them; and how myths about personal success and luck shape individual and political choices in harmful ways.
But, Frank argues, we could decrease the inequality driven by sheer luck by adopting simple, unintrusive policies that would free up trillions of dollars each year more than enough to fix our crumbling infrastructure, expand healthcare coverage, fight global warming, and reduce poverty, all without requiring painful sacrifices from anyone. If this sounds implausible, you'll be surprised to discover that the solution requires only a few, uncontroversial steps.
Compellingly readable, Success and Luck shows how a more accurate understanding of the role of chance in life could lead to better, richer, and fairer economies and societies.
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作者简介ROBERT H. FRANK is the H. J. Louis Professor of Management and Professor of Economics at Cornell University s Johnson School of Management. He has been an Economic View columnist for the New York Times for more than a decade and his books include The Winner-Take-All Society (with Philip J. Cook), The Economic Naturalist, The Darwin Economy (Princeton), and Principles of Economics (with Ben S. Bernanke). He lives in Ithaca, New York.
ROBERT H. FRANK is the H. J. Louis Professor of Management and Professor of Economics at Cornell University s Johnson School of Management. He has been an Economic View columnist for the New York Times for more than a decade and his books include The Winner-Take-All Society (with Philip J. Cook), The Economic Naturalist, The Darwin Economy (Princeton), and Principles of Economics (with Ben S. Bernanke). He lives in Ithaca, New York.
网友对Success and Luck: Good Fortune and the Myth of Meritocracy的评论
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.
This is a brilliant book that dispels one key misconception that people have about success. Most people believe that their outcomes are fully under their control. Prof Frank brilliantly demonstrates that hard work and aptitude are necessary but far from sufficient conditions for success. His analysis demonstrates how luck contributes to our success. If we acknowledge luck's role in shaping our life's outcomes, it then makes sense to distribute collective resources based on fair criteria. Based on these fundamental and non controversial principles, prof Frank argues for a tax on consumption that will help solve key structural issues and allow a taxation system that is more equitable by giving incentives for socially beneficial investments and penalizing frivolous consumption.
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