31 Mar 2019

Prof Robert Frank: Luck's the key to success not hard work

From Sunday Morning, 10:04 am on 31 March 2019
Robert H Frank

Robert H Frank Photo: © Cornell University Marketing Group, 301 College Ave, Ithaca, NY 14853; 607-255-7675; photo@cornell.edu; http://marketing.univ

Professor Robert Frank's looked into something many have long suspected, a lot of successful people owe their fortunes to good luck. He's written several books, including The Self Made Myth: Why Hard Work Isn't Enough to Reach the Top. He's looked at how many incredibly successful people have just had the good fortune of luck rather than hard work to make it to the top and why those people will rarely if ever acknowledge that simple luck is at the root of their success. He explains to Jim that his latest book, Success and Luck: Good Fortune and the Myth of Meritocracy addresses specifically how the failure of the rich to acknowledge the importance luck in their success hurts those who are less well off.