Luck

Robert H. Frank reminds us what has been known for millennia Talent and hard work are neither necessary nor sufficient for economic success. Paramount to success is luck.

I returned, and saw under the sun, that the race is not to the swift, nor the battle to the strong, neither yet bread to the wise, nor yet riches to men of understanding, nor yet favor to men of skill; but time and chance happens to them all.

Posted via email from Glodime @ Posterous