Friday, August 14, 2015

The Daily Stat from Harvard Business Review

August 14, 2015
 
 

Chart of the Week: Wealth Plus Smarts Equals Patents


American third graders who were good at math and had wealthy parents were 3 to 4 times more likely to file patents later in life than their less wealthy—but equally smart—peers, according to research from Raj Chetty, the Bloomberg Professor of Economics at Harvard University. While this divide may not be entirely surprising, writes Tim Sullivan on HBR.org, “what surprised me was the size of the gap that the researchers found, especially among the kids who were best at math.” He asks how many Teslas we are “smothering by not focusing on young kids with a potential talent for STEM.”

richkids


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