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The causation v correlation here just raises more questions, wouldn’t “smart” people inclined towards entrepreneurship become smart parent and reinforce the tra
by ed25519FUUU 6y ago
The causation v correlation here just raises more questions, wouldn’t “smart” people inclined towards entrepreneurship become smart parent and reinforce the tradition?
- raizinho 6y agoIt's even hinted at in the article: "A significant connection between the parents’ level of education and entrepreneurship was also noted." The clickbait title confirming people's priors isn't surprising though. If I had to guess at the causal graph it would something like: smart -> income smart -> entrepreneurship entrepreneurship -> income income -> entrepreneurship And even without the last two connections the smart confounding variable would induce a relationship between income and entrepreneurship.