7 Matching Annotations
  1. Apr 2021
    1. The ‘ultimatum game’ is an experiment, common in psychological labs, in which one player (the proposer) is given a sum of money and told to propose a division between him and another player (the responder), who may accept the offer or reject it. If the responder rejects the offer, neither player gets anything. The experiment has been replicated thousands of times, and usually the proposer offers a relatively even split. If the amount to be shared is $100, most offers fall between $40-$50.

      A psychological study allows one person to split a sum of money and another person to reject so they both get money or refuse so neither gets money. most of the time it is an even split.

    2. According to Frank, this is especially true where the success in question is great, and where the context in which it is achieved is competitive. There are certainly programmers nearly as skilful as Gates who nonetheless failed to become the richest person on Earth. In competitive contexts, many have merit, but few succeed. What separates the two is luck.

      Sure other more skillful programmers were not able to become as rich as Bill Gates is, but Bill Gates isn't rich solely off of his programming capabilities. Bill gates did a lot more than be lucky he worked hard and excelled in many areas other than programming to take his business further than other programmers.

    3. Talent and the capacity for determined effort, sometimes called ‘grit’, depend a great deal on one’s genetic endowments and upbringing.

      This again is not true there are many famous examples of people that are physically or mentally impaired still working hard and pushing past their limits.

    4. Although widely held, the belief that merit rather than luck determines success or failure in the world is demonstrably false. This is not least because merit itself is, in large part, the result of luck.

      I agree that there is some part of merit that is luck based, for example being in the right place at the right time. However it is not true that a person cannot go out into the world and find these right place right time moments.

    5. In the UK, 84 per cent of respondents to the 2009 British Social Attitudes survey stated that hard work is either ‘essential’ or ‘very important’ when it comes to getting ahead, and in 2016 the Brookings Institute found that 69 per cent of Americans believe that people are rewarded for intelligence and skill. Respondents in both countries believe that external factors, such as luck and coming from a wealthy family, are much less important.

      Most students believe that hard work is more important than family wealth and connections.

    6. Meritocracy has become a leading social ideal. Politicians across the ideological spectrum continually return to the theme that the rewards of life—money, power, jobs, university admission—should be distributed according to skill and effort.

      Everyone should have an equal chance to do well in life with rewards being based around personal accomplishments

  2. Feb 2021
    1. The wind began to pick up. He knew that wind: people called it the levanter, because on it the Moorshad come from the Levant at the eastern end of the Mediterranean.

      I think that the wind shows more fear of the future him noticing the wind represents him being on edge and nervous.