Douglas_Knight comments on That Magical Click - Less Wrong

58 Post author: Eliezer_Yudkowsky 20 January 2010 04:35PM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (400)

You are viewing a single comment's thread. Show more comments above.

Comment author: gwern 20 January 2010 10:32:28PM *  4 points [-]

It cites statistics, and actually says that there are X millionaire lawyers, and X+Y plumbers? It isn't just giving a lot of anecdotes?

I would be very surprised to hear that, because it implies that one is substantially more likely to become a millionaire by plumbing than by lawyering, since there are ~500,000 plumbers in the US and >1.1million lawyers.

Comment author: Douglas_Knight 21 January 2010 06:42:55AM *  3 points [-]

It cites statistics, and actually says that there are X millionaire lawyers, and X+Y plumbers? It isn't just giving a lot of anecdotes?

According to wikipedia it (1) generally cites statistics and (2) says that doctors, lawyers, and accountants save a much lower proportion of money than other occupations. google books says that it doesn't mention plumbers at all.

I would guess that pretty much all lawyers permanently employed at BIGLAW are millionaires and pretty much no other lawyers are; but that's probably enough to beat plumbers. I think the other lawyers have a similar income distribution to plumbers.