> Take cognitive score (i.e. measured IQ). Americans love to believe that intelligence is rewarded, meaning they live in a meritocracy. Unfortunately, the evidence squashes this myth.
> Neoclassical economists will have none of this. The idea that hierarchical rank most strongly affects income, I’ve been told, is ‘foolish and absurd’. Why? Because it explicitly contradicts neoclassical scripture.
> I you’re a Marxist, this result should give you pause.
show that this is a political piece thinly veiled as science.
> Take cognitive score (i.e. measured IQ). Americans love to believe that intelligence is rewarded, meaning they live in a meritocracy. Unfortunately, the evidence squashes this myth.
> Neoclassical economists will have none of this. The idea that hierarchical rank most strongly affects income, I’ve been told, is ‘foolish and absurd’. Why? Because it explicitly contradicts neoclassical scripture.
> I you’re a Marxist, this result should give you pause.
show that this is a political piece thinly veiled as science.