3 ms·

How could someone be genetically predisposed to make more money?

by femiagbabiaka 8y ago

brixon 8y ago
It's been nurtured so long that it feels like nature.
ikeboy 8y ago
IQ is highly hereditable and has a higher correlation with income than the 5% here.
- vezycash 8y ago
  Soft skills, have been shown to be a higher predictor of income than IQ. You are right that something's been passed down - but it's not the genes. It's the social connection to: * Get jobs without applying for them. * To learn important economic news before anyone hears them. E.g. President bought 1200 Cuban cigar just before banning imports from CUBA. Read this: https://www.cigaraficionado.com/index.php/article/great-moments-kennedy-cuba-and-cigars-7840 https://www.cigaraficionado.com/index.php/article/great-mome... * To get contracts regardless of ones qualifications. I've read that Aristocrats ensure their kids have ivy league degrees to maintain a illusion of fairness. There's an article I read here on HN that says, Ivy league schools are successful because they select applicants who would be successful without them.
  - ikeboy 8y ago
    If genetics doesn't affect income, why is there a correlation between identical twins raised separately? See e.g. https://helda.helsinki.fi/bitstream/handle/10138/38881/HECER_DP364.pdf https://helda.helsinki.fi/bitstream/handle/10138/38881/HECER...
    - marnett 8y ago
      It wasn't stated there is no effect, just that social class has a larger impact at the highest rungs of society.
      - ikeboy 8y ago
        >You are right that something's been passed down - but it's not the genes. That sounds like a claim that there's no causal connection running through genes.
tapland 8y ago
Yeah. Even if they were genetically dispossessed to have higher IQs, better health and extreme motivation it should have been pretty genetically diluted after 600 years.
- gwern 8y ago
  Assortative mating can help maintain or increase any endowment. Think of that as being a within-family/smaller-scale version of the existing genetic gradient by SES (eg "The Genetics of Success: How Single-Nucleotide Polymorphisms Associated With Educational Attainment Relate to Life-Course Development" https://www.gwern.net/docs/genetics/correlation/2016-belsky.pdf https://www.gwern.net/docs/genetics/correlation/2016-belsky.... , Belsky et al 2016; "Genetic analysis of social-class mobility in five longitudinal studies" http://www.pnas.org/content/early/2018/07/03/1801238115 http://www.pnas.org/content/early/2018/07/03/1801238115 , Belsky et al 2018a.)
JohnJamesRambo 8y ago
I would posit the other question, how could they not? Propensity to lying, cheating, saving, nepotism, length of life, fecundity, access to healthcare, intelligence, math ability and so many more factors are easily inheritable.

How could someone be genetically predisposed to make more money?

brixon 8y ago

It's been nurtured so long that it feels like nature.

ikeboy 8y ago

IQ is highly hereditable and has a higher correlation with income than the 5% here.

vezycash 8y ago
Soft skills, have been shown to be a higher predictor of income than IQ. You are right that something's been passed down - but it's not the genes. It's the social connection to: * Get jobs without applying for them. * To learn important economic news before anyone hears them. E.g. President bought 1200 Cuban cigar just before banning imports from CUBA. Read this: https://www.cigaraficionado.com/index.php/article/great-moments-kennedy-cuba-and-cigars-7840 https://www.cigaraficionado.com/index.php/article/great-mome... * To get contracts regardless of ones qualifications. I've read that Aristocrats ensure their kids have ivy league degrees to maintain a illusion of fairness. There's an article I read here on HN that says, Ivy league schools are successful because they select applicants who would be successful without them.
- ikeboy 8y ago
  If genetics doesn't affect income, why is there a correlation between identical twins raised separately? See e.g. https://helda.helsinki.fi/bitstream/handle/10138/38881/HECER_DP364.pdf https://helda.helsinki.fi/bitstream/handle/10138/38881/HECER...
  - marnett 8y ago
    It wasn't stated there is no effect, just that social class has a larger impact at the highest rungs of society.
    - ikeboy 8y ago
      >You are right that something's been passed down - but it's not the genes. That sounds like a claim that there's no causal connection running through genes.

tapland 8y ago

Yeah. Even if they were genetically dispossessed to have higher IQs, better health and extreme motivation it should have been pretty genetically diluted after 600 years.

gwern 8y ago
Assortative mating can help maintain or increase any endowment. Think of that as being a within-family/smaller-scale version of the existing genetic gradient by SES (eg "The Genetics of Success: How Single-Nucleotide Polymorphisms Associated With Educational Attainment Relate to Life-Course Development" https://www.gwern.net/docs/genetics/correlation/2016-belsky.pdf https://www.gwern.net/docs/genetics/correlation/2016-belsky.... , Belsky et al 2016; "Genetic analysis of social-class mobility in five longitudinal studies" http://www.pnas.org/content/early/2018/07/03/1801238115 http://www.pnas.org/content/early/2018/07/03/1801238115 , Belsky et al 2018a.)

JohnJamesRambo 8y ago

I would posit the other question, how could they not? Propensity to lying, cheating, saving, nepotism, length of life, fecundity, access to healthcare, intelligence, math ability and so many more factors are easily inheritable.