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A New Aristocracy: Yale Law School Commencement Address (2015) [pdf]

law.yale.edu

71–80 of 87 posts

Re: A New Aristocracy: Yale Law School Commencement Address (2015) [pdf]

#71
post #70

Earlier quoted context omitted.

A) facts don’t somehow become invalidated because a subgroup of people wants to use the facts to push an agenda. B) Taleb is the exact embodiment of the “intelligent, yet idiot” description that he so loves to level against others. He is ridiculed by pretty much every intelligence researcher and behavioral geneticist who is aware of his take on IQ. Recently I witnessed him arguing on Twitter that the Justinian plague…

...ok, Wikipedia it is: 1. https://en.wikipedia.org/wiki/Intelligence_quotient#Criticis... 2. https://en.wikipedia.org/wiki/The_Bell_Curve#Criticisms 3. You can also find various comments on ideas of intellectual superiority in Jared Diamond's Guns, Germs and Steel. My bottom line is that I see no reason to believe humans can diverge in terms of intelligence over the span of a few generations. Social darwinism is a r…

"Twin studies of adult individuals have found a heritability of IQ between 57% and 73%[6] with the most recent studies showing heritability for IQ as high as 80%[7] and 86%.[8]. IQ goes from being weakly correlated with genetics, for children, to being strongly correlated with genetics for late teens and adults. The heritability of IQ increases with age and reaches an asymptote at 18–20 years of age and continues at that level well into adulthood. This phenomenon is known as the Wilson Effect.[9] Recent studies suggest that family and parenting characteristics are not significant contributors to variation in IQ scores;[10] however, poor prenatal environment, malnutrition and disease can have deleterious effects."

From https://en.wikipedia.org/wiki/Heritability_of_IQ

This is not "some researchers" who hold the opinion that IQ has a strong component, it is literally the entire field of behavioral genetics (basically the only field that seriously studies the genetic basis of human behavior and psychology).

Regarding how long it takes for significant evolution to occur: human generations have historically been about 20 years long, which makes 1000 years about 50 generations. As a point of reference, humans have created entire new breeds of domesticated animals in as short as 50 years (a similar number of generations). Darwin has several examples in The Origin of Species and a Russian scientist bred tame foxes in about the same amount of time. The speed of evolution is dependent on a lot of factors, but on its face, the idea that groups of humans facing different selection pressures would not somehow differentiate is silly (and they clearly have; that's why you can look at someone and have a pretty good idea of what part of the world their ancestors come from). But for a more concrete example of a shorter time period, the Han Chinese have been rice farmers for several thousand years, whereas African pygmies have been foragers and hunter-gatherers during that same time. Both groups would face significantly different selection pressures. Hunting and foraging skills would be essentially useless to rice farmers and a propensity toward uncontrolled violence would likely get them killed by a local ruler trying to maintain peace among his tax base. Hunter-gatherers would have no use for the ability to keep accounting records or a class of women made economically unproductive via the practice of foot binding.

Re: A New Aristocracy: Yale Law School Commencement Address (2015) [pdf]

#72

Earlier quoted context omitted.

Whoa, you don't need to drain your parents for 100% of the costs when on university. I was never very good student because it took me long time to memorize things compared to most peers, but even lame partying me was able to get a part time side job, was able to go to work&travel programme to US during long summer break etc. It might be hard to finance all your university expenses by yourself, but you can definitely…

I was not talking about my current situation, mind you. I made a career as a software developer, which is one of the few professions that allow for flexible schedules and working before completing your formal education. Europe is quite diverse, so your experience might be very different, but here part time jobs are really scarce, and as I said even if you find one it is quite likely that you won't be able to fit it w…

>even for fully theoretical degrees like math you still have those "practical laboratories" where you'd basically just be going through exercises. Attendance is mandatory for everything.

That's nuts.

Re: A New Aristocracy: Yale Law School Commencement Address (2015) [pdf]

#73
There is a lot of commentary in this thread about the speech being self-congratulatory in nature, but I think the actual overall tone for it is much darker. The speaker is essentially congratulating all of the graduates for working extremely hard for their entire lives, and that, despite all that hard work, they and everyone else around them will continue to work extremely hard with no end in sight. This is especially true for any of the graduates that want to earn lots of money or that want to make big changes to the system. All-the-while the speaker says that everyone else - the 99% - have essentially already lost the rat-race, and lost it before they were born. The rich are stuck in a laborious 'gilded cage' of their own creation, and everyone else is struggling to pay rent.

I highly recommend you read the entire article. It presents a lot of very good points that are relevant with regard to the macro-structure of the new American economy.

Re: A New Aristocracy: Yale Law School Commencement Address (2015) [pdf]

#74
post #61

Earlier quoted context omitted.

Their cohort effectively sets the vision for American legislation and justice. You may not be interested in them, but they're interested in you.

Do they really set the vision, though? Did they start the #MeToo movement and bring down Harvey Weinstein and other powerful men? Are they leading the push for transgender acceptance? Are they the reason why reparations and universal healthcare are now mainstream policy proposals in the Democrat party? It certainly makes sense for the wealthy, elite lawyers of a society to set the course of policy. But I'm not sure w…

I mean, go look at the professors leading these policy pushes, the journalists writing about metoo, and the policy wonks pushing for healthcare or trans changes. You're going to see a lot of JDs from top schools -- a lot of Yale. You won't see any self-taught coders or mathematicians from CalTech, you know?

Re: A New Aristocracy: Yale Law School Commencement Address (2015) [pdf]

#75
post #25
post #6

My school and work experience span working class coal power plant techs (a friend used to climb through exhaust channels) to Ivy League educated lawyers and founders. Most people’s career trajectory will be set by the time they are in high school, so the importance of secondary school education and resources of your parents is paramount. Also, wealth from family of origin allows risk taking, funding for law or medica…

I agree but I am not convinced wealth plays a big role. In France, higher education is pretty much free, and you see probably an even larger lack of social diversity than the US in the most ellitist programs (medecine, engineering, business). In the US there are always ways to finance education if you are a good student. I think family culture, peer pressure and the school pushing you to go the hard path is by far th…

> In France, higher education is pretty much free ...

Amazed to learn this, as a middle-class American with kids and a house -- my biggest expense, ten years out of school, is still student loans.

My parents had similar higher education and did not deal with this. Not trying to get into politics or anything. It is just weird.

Re: A New Aristocracy: Yale Law School Commencement Address (2015) [pdf]

#76
post #52

FWIW, the issue with life experience anecdotes is that they don't control for genetic confounding. Most rich kids have both the environment their parent created for them, as well as the genes their parents gave them. So it's impossible to tell which is more important in determining the life outcomes we see. There is a whole discipline called behavioral genetics that uses twin and adoption studies and, increasingly, g…

Children adopted by wealthy families have huge differences in success rates, so genetic differences are not that stratified. Children of the wealthy still have issues, but they are generally better able to mitigate them.

I don't have a ton of time to go digging, but a cursory search in Google and DDG didn't lead me to anything definitive. I found one study from Sweden which supported your position. But I'm wary of trusting a single study, especially because the nordic countries are kind of oddballs. Do you have any sources you like?

Re: A New Aristocracy: Yale Law School Commencement Address (2015) [pdf]

#77

Earlier quoted context omitted.

What is the likelihood that someone who requires this funding also has acquaintances with the ability to supply it?

Thank you for pointing this out. "Just get a loan from your family/friends/acquaintances" is the modern rendition of "let them eat cake." I come from what I consider to be a comfortable middle-class background in the US (probably not what most people would consider upper-middle class), and there's no way I would have been able to raise tens of thousands of dollars a year from acquaintances to fund an elite education.

I don't think so. A large number of small loans from family/friends/acquaintances also totals a decent amount of money.

Re: A New Aristocracy: Yale Law School Commencement Address (2015) [pdf]

#78
post #57

Earlier quoted context omitted.

> Also, wealth from family of origin allows risk taking, funding for law or medical degrees, which for lower income students represent a huge risk so they go to safer less lucrative fields. Why not make an agreement with acquaintances that they fund (a part of) the tuition fees of your degree course. On the other hand you have to give them back a percentage of your gross income for the next, say, 10 years after finis…

That has been known as a bad arrangement since Ancient Greece given the Paradox of the Court and related satirical plays. Lawyer jokes are ancient it seems.

Only give loans if you have sufficient trust in the person not to cheat you.

Re: A New Aristocracy: Yale Law School Commencement Address (2015) [pdf]

#79
post #2

I found the link on archive: https://web.archive.org/web/20191023044540/https://law.yale.... If one is to feel good about meritocracy, it is that the ambitious, talented and hardworking have the greatest chance of changing the system for everyone's shared benefit.

Maybe in an ideal world. In reality however the world is hardly meritocratic.

Re: A New Aristocracy: Yale Law School Commencement Address (2015) [pdf]

#80
post #77

Earlier quoted context omitted.

Thank you for pointing this out. "Just get a loan from your family/friends/acquaintances" is the modern rendition of "let them eat cake." I come from what I consider to be a comfortable middle-class background in the US (probably not what most people would consider upper-middle class), and there's no way I would have been able to raise tens of thousands of dollars a year from acquaintances to fund an elite education.

I don't think so. A large number of small loans from family/friends/acquaintances also totals a decent amount of money.

Perhaps if I canvassed all my friends and their parents and all my parent's friends I might have raised 100 loans averaging $50 each. That's quite an optimistic estimate, I think.

That gets me about 10% of the way to one year's tuition at an elite university.

I don't know what your background is, maybe you consider $1000 a small loan, or maybe like the current president of the USA you consider $1000000 a small loan.

Suffice it to say that your proposal is not at all realistic for many many many people.

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