Friday, July 15, 2016

Success and Luck

As a society, we’ve all been brought up to believe deeply in the idea of the self made man. The power of persistence and hard work. The Horatio Alger mythology of pulling oneself up by your own bootstraps. In modern political theology we hear about “makers” and “takers,” and Randian and libertarian ideas.

We embrace that quote by Jefferson that, “the harder I work, the luckier I get.”

What we leave out of the equation is the role of pure dumb luck. Being in the right place at the right time. The existential circumstances over which we often have no control and often account for good things happening. That the jumping for point for Robert H. Frank in his book Success and Luck: Good Fortune and the Myth of Meritocracy.

My conversation with Robert H. Frank: