The Jordan Harbinger Show

525: Robert H. Frank | The Myth of Meritocracy

5 snips
Jun 24, 2021
In this discussion, Robert H. Frank, a Cornell University economics professor and author, dives into the intriguing relationship between success and luck. He challenges the myth of meritocracy, emphasizing that hard work and talent are often complemented by chance. Frank shares personal stories highlighting how factors like birth month and background shape our opportunities. He encourages listeners to acknowledge the role of luck in their successes and to cultivate gratitude and empathy for the unpredictable nature of life.
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ANECDOTE

Near-Death Experience and Luck

  • Robert H. Frank survived sudden cardiac death due to a series of improbable events, including nearby car accidents that redirected an ambulance.
  • This experience highlighted the significant role of luck in life's outcomes.
INSIGHT

Overlooking Luck

  • People often underestimate luck's influence, focusing on hard work and talent in success stories.
  • This is due to cognitive biases, like remembering vivid efforts while forgetting subtle fortunate events.
ANECDOTE

Economic Downturn and Career

  • Jordan Harbinger acknowledges the economic downturn inadvertently benefited his career.
  • This exemplifies how external factors, often overlooked, contribute to success.
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