The Role of Luck in Career Success

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The Role of Luck in Career Success
LuckCareer SuccessBirth Circumstances
  • 📰 TheEconomist
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Luck plays a significant role in career success, starting from birth. This article discusses how luck can influence various aspects of a person's career, including job opportunities and discrimination. It also highlights a study that found a correlation between economists' names and their chances of getting academic jobs.

Luck plays a big and often unacknowledged part in career success , starting in the womb. Warren Buffett has talked of winning the “ovarian lottery” by being born in America when he was, and being wired in a way that pays off in a market economy. Good looks are associated with higher pay and a greater chance of being called to interview in hiring processes. Your experience of discrimination will reflect your circumstances of birth.

The early way-stations in a career are often marked by chance: a particularly encouraging boss, say, or an assignment that leads you off in an unexpected but defining direction. Luck can affect the pathways of the most rational-minded professions. A paper published in 2022 by Qi Ge of Vassar College and Stephen Wu of Hamilton College found that economists with harder-to-pronounce names, including within ethnic groups, were less likely to be placed into academic jobs or get tenure-track positions. Names can work against economists in other ways

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Luck Career Success Birth Circumstances Discrimination Job Opportunities Economists Academic Jobs

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