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May 13, 2016 09:16 am PDT

Behavioral economist on why Americans freak out when you attribute their success to luck

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Cornell economist Robert Frank drew the ire of the nation's business press when he published an article that said something most economists would agree with: hard work and skill aren't enough (or even necessary) to succeed; but luck is. Rather than back down from the angry reception, he's expanded the article into a book, Success and Luck: Good Fortune and the Myth of Meritocracy, which came out last month. (more…)


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