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Perhaps economic returns to IQ as so low because there are other skills which are good for getting economic returns, and those skills don't correlate strongly with IQ.
Yes, this is consistent with the large income changes seen with some of the personality traits. If you have time, you could check the paper to see if that explains it: perhaps the highest cohort disproportionately went into academia or was low on Extraversion or something, or those subsets were entirely responsible for the excess patents.