I've come across variations of this conclusion many times now: That it is really your parents affluence and educational background that predicts your success in school and how much you will earn in the future. This is often portrayed as being unjust. To me it always seemed obvious that children with affluent and well educated parents are more likely to be intelligent, have good self-control and other traits that are…
The study and article literally say that kids in a given socio-economic group have the same life outcomes whether the grab the marshmallow or not. And not just here but the notion that hereditary wealth correlates to intelligence has been endlessly refuted. But if it were true, wouldn't it mean that blue counties, being richer than red counties, have a much higher average IQ?
Source?
There's noise and luck (and IQ wasn't so much a factor for income historically) but given the following, how could it not be true?
Intelligence leads to higher income (med school etc)
Income leads to higher wealth
Wealth is partly inherited.
Intelligence is partly inherited.