akapital

Talent shift: Could a high-IQ exodus from finance lead to stronger productivity growth and a more robust economy?

I concur with Annualgain. You are making a big assumption that there is in fact high IQs on Wall St. I think instead what you have is a lot of well intentioned people trying to make alot of money for themselves. Some of them may have high IQs.

I think the question that you really want to ask is will big money shift from Wall St. to finanancially reward genius of other fields (teaching, science, new technologies, etc.)

I do not believe that is likely however because of some very basic fundamental believes (that I don't personally share) of our society.

For example, we live in a society that appears to financially rewards great sport talent over teachers. But upon further inspectiion who is actually doing the rewarding? The private sector is giving out the big rewards. But that does not mean that they are attracting the best talent. They are simply attracting people that want to make money. Meanwhile tax payers certainly do not want to pay teachers more money for teaching their kids.



On Sep 18 11:51 AM Annualgain wrote:

> High IQ's on Wall Street? Where?