4 ms·
I would still argue net worth is a unbiased (if you discount for corruption) proxy for ability (in the sense of ability to create wealth = products and services
by WanderPanda 6y ago
I would still argue net worth is a unbiased (if you discount for corruption) proxy for ability (in the sense of ability to create wealth = products and services that people demand). It is extremely high variance though
- seniorivn 6y agoyour discount is everything if corruption is the most important part of the equation