Dr. Robert Frank, an esteemed economist from Cornell University, discusses the intricate interplay between luck and meritocracy in success. He critiques the notion that individual choices always lead to proportional rewards, highlighting the societal pressure stemming from affluent lifestyles. The concept of 'smart for one, dumb for all' emphasizes the need for collective benefit over individual gain. He explores the impact of tax structures on economic growth and the importance of effective human coordination in addressing societal challenges.

Robert H. Frank (@econnaturalist) is the HJ Louis Professor of Economics at Cornell University and author of Success and Luck: Good Fortune and the Myth of Meritocracy. [Note: this is a rebroadcast from the vault.] What We Discuss with Robert H. Frank: As we strive to achieve success, there are natural limits on how hard we can work and how smart we can be. There’s no denying that luck plays a part in this achievement. Understand the role of luck, talent, and hard work in the overall formula. Discover why we tend to minimize the role of luck in our success. Find out how to maximize our luck in life by way of context outside of talent and work. Learn new ways to look at the luck factor and turn it to our advantage. And much more... Full show notes and resources can be found here: jordanharbinger.com/525 Sign up for Six-Minute Networking -- our free networking and relationship development mini course -- at jordanharbinger.com/course! Like this show? Please leave us a review here -- even one sentence helps! Consider including your Twitter handle so we can thank you personally!