Comment on Efficient prestige hypothesis

Tue, 17 Nov 2009 22:37:42 GMT

I don't think I said what you said. I think quality is different from lifetime earnings, which is different from prestige/networking.

Quality in science can easily depress lifetime earnings (do the most brilliant scientists work in academia or for commercial interests? Where do they earn more), for example, and I already pointed out how prestige/networking can push down lifetime earnings because it offers a chance at power and power doesn't always come with as much money as one would have elsewise.

These are all in general correlated, much like IQ is correlated with success, health, non-criminality etc. but no one would say that IQ is a better metric to use than measures just of health or non-criminality.

Discuss