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Of If You Are So Smart Why Aren T You Rich By Flaye Flam

184 Words1 Pages
In this text, called "If you're so smart, Why aren't you rich?", written by Flaye Flam, the main problem of our society is IQ's affection on the job market. My personal purpose for choosing this text is, my interest in IQ tests' broad influence. It's known that, IQ tests determine your future life. However, Economist James Heckman's studies show otherwise. Firstly, the data suggests that, IQ has a much smaller influence on people's incomes, about 1 or 2 percents. Secondly, personality factors, such as perseverance, diligence and self-discipline, affect on financial success. Thirdly, success doesn't depend just on natural abilities but on skills that can be taught. Heckman also believes that childhood interventions can
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