economics

The Accumulative Disadvantage of Congo

A friend gave me a cool collection of books yesterday. The first one I picked up to read is Outliers by Malcolm Gladwell. Similar to another favorite, Freakonomics, it challenges long-held beliefs about how certain things have come to be, and provides surprising correlations among data. Economics made fun. In this case, the notion of “success” is challenged. Economists have uncovered certain phenomena that show a person’s potential for success has more to do with their family, birthplace and even birth date than “traditional” success factors such as natural intelligence and ambition.

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