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Close Topic OptionsIntelligence Has Nothing To Do With Wealth
Intelligence Wealth - Politics, Business, Civil, History - Posted: 29th Mar, 2011 - 5:35pm
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People don't become rich because they are smart, according to this US study
Intelligence Has Nothing To Do With Wealth
When you see some wealthy people, I am sure the first thing you think is...they must be lawyers and really smart or they know how to make money, they are very intelligent but is it?
| QUOTE |
| WASHINGTON (AFP) - Intelligence has nothing to do with wealth, according to a US study published Tuesday which found that people with below average smarts were just as wealthy as those with higher IQ scores. "People don't become rich because they are smart," said Jay Zagorsky, research scientist at Ohio State University whose study appears in the Journal Intelligence. The US Bureau of Labor Statistics survey included 7,403 Americans who have been interviewed repeatedly since 1979. Based on 2004 answers, people who are now in their mid-40s showed no link between brain- and earning-power. "Your IQ has really no relationship to your wealth. And being very smart does not protect you from getting into financial difficulty," Zagorsky said. The study confirmed previous research which has shown that smarter people tend to earn more money, but pointed out there is a difference between high pay and overall wealth.... |
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Post Date: 29th Mar, 2011 - 5:35pm / Post ID: #
NOTE: News [?]
Wealth With To Nothing Intelligence
Study: 5% of populace holds 63% of U.S. Wealth
During the depth of the recession, the top 5 percent of the nation's population held two-thirds of its wealth, while the lower 80 percent held less than 13 percent of the wealth, according to a study released last week by the Economic Policy Institute in Washington, D.C. Ref. Source 1
TOPIC: Intelligence Has Nothing To Do With Wealth