May 18, 2007

Intellect Doesn't Fill a Wallet

Intellect Doesn't Fill a Wallet

The study considered "factors such as race, marital status, education and
age" in accumulating wealth. (Mike Lafferty, "Intellect doesn't fill a wallet,
study says," THE COLUMBUS DISPATCH, April 25, 2007) More basic is common sense,
goals, and integrity. In this "Cheating Culture" (by David Callahan) some people
would rather maintain their own standards than join the corrupt establishment.
Many people who are willing to go along to get along have lower intelligence and
lower standards. They often succeed.
How are the findings of this study any different from what was found 2,000
years ago among the population by the survey takers? Have people changed at all?
OK, if there were survey takers then.

Roy Bercaw, Editor ENOUGH ROOM

Intellect doesn't fill a wallet, study says
Wednesday, April 25, 2007 3:43 AM
By Mike Lafferty
THE COLUMBUS DISPATCH

People with lower IQs are just about as likely to become wealthy as Mensa
members, according to new research.

"I was quite surprised," said study author Jay Zagorsky, an economist and
researcher at Ohio State University's Center for Human Resource Research.

"Individuals of low intelligence shouldn't believe they're handicapped in
accumulating wealth. Basically, anyone can do well in the financial world."

The results, published online in the journal Intelligence, confirm findings that
people with higher IQ scores tend to earn more.

But people of below-average and average intelligence are in the same league as
the supersmart in accumulating wealth or facing financial pitfalls.
[...]
mlafferty@dispatch.com

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