New research indicates the brainiest people and the biggest earners are two largely separate groups, says the Financial Times’ Simon Kuper.
LONDON: I used to know an investment banker who went around saying he was writing a novel. Obviously, this was self-marketing, but he also genuinely believed he could write a better novel than actual novelists.
There were “separate paper and pencil tests for verbal understanding, technical comprehension, spatial ability and logic”. The paper analyses the future earnings of men tested from 1971 through 1977, and from 1980 until 1999.Up to wages of about €60,000 , cognitive ability did predict income: The cleverer you were, the more you earned.
It’s no wonder that cleverness barely predicts top incomes, because so many other factors matter more in working life. There’s luck, family background, motivation, self-regulation, skill at office politics and even height. Anyway, brilliant people often aren’t driven by money. Many of them are intrinsically motivated: They love learning, and they make that their career goal.
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