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Monday, November 27, 2006

"And then they went to the 20th-year reunion and saw that somebody else who was 10 times less smart was making much more money."

Hey, it's front page news in the NYT that some people make a lot less money than others who begin their careers with worse credentials but choose a career path that pays more. For example, a doctor became a Wall Street adviser on medical investments and makes a lot more than doctors who practice medicine. (Via Memeorandum.)

(Could people stop saying things like "10 times less smart"? It doesn't make sense. It should be one tenth as smart. Just a usage point. I know he's only talking, but he's a rich guy, so why not give him as hard a time as possible?)

ADDED: Glenn Reynolds mocks the headline "Lure of great wealth affects career choices." That made me go over and see the photograph again. The Wall Street doctor guy, who sounds perfectly decent throughout the article, is pictured sitting in what looks like a modest room, with his wife and two kids, playing Monopoly. Aw, nice family scene, he must have thought. Here we are, TV off, no video games. We're playing a board game. But the shot used has one child holding up play money and counting it just as the wife is leaning over toward him with a slightly intense look on her face. Oh, noooo! Don't you know those rich people play Monopoly. And look at that woman implanting the message that it's good to get rich!

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