Commenter “destructure” wrote on Lion of the Blogoshphere’s blog:
blacks with an IQ of 100 actually earn the same as others with an IQ of 100. That’s fine. However, blacks with an IQ of 120 earn more on average than others with an IQ of 120. And I’m not sure why upper middle class blacks should be getting affirmative action when they’re already earning more money than others.
Totally makes sense because a black with an IQ of 120 will get accepted to a better college, get affirmative-action hired into a better career, than a white with the same IQ. But what’s the source for that factoid?
On the other hand, if high IQ blacks overperform their white counterparts economically, we’d expect more black billionaires. At yet despite being 13% of America, blacks have never been even 1% of the Forbes 400 richest Americans list and are sometimes only 0.25%. By contrast Jews are arguably 36% of the Forbes 400 despite being only 2% of America (though exact stats depend on how Jews are counted).
I decided to use my celebrity status to reach out to the World’s most influential social scientist, Charles Murray, since his book Human Diversity found that even controlling for IQ, white Americans are more prosperous than black Americans, though less so than Asian Americans (at least among Generation Y thirty somethings). With respect to high IQ blacks in particular, Murray replied:
But if high IQ blacks benefit from affirmative action, why doesn’t that translate into economic benefits? One possibility is that affirmative action devalues black credentials. For example Supreme Court Justice Clarence Thomas was overlooked by dozens of law firms despite having one of the most prestigious law degrees in the country. Another possibility is that whatever edge blacks get from affirmative action is negated by racism.
On the other hand, if America is still racist, why do Asian Americans earn 157% as much as their IQ matched white counterparts according to Murray’s book? Perhaps because they work much harder than whites do while experiencing much less racism than blacks do (at least prior to the coronavirus pandemic).
It’s also worth noting that whatever advantage Asian Americans have in regular income has not yet showed up among the Forbes 400 suggesting that hard work only goes so far.
name redacted by pp, oct 30, 2020 said:
and income is meaningless.
it’s a prole way of measuring.
it’s very compressed.
most wealth is inherited.
there was a Forbes cover story long time ago “rich but broke” about the family that owns niihau.
gordon gekko explains to peepee:
America is a continent. The silly name is “United States”. It is not Canada, Mexico or Brazil. It’s “United States”.
Are you a celebrity ??? One of the most prestigious scientists, who ???
Blacks tend to have a higher verbal IQ, while more lucrative professions require greater spatial and mathematical intelligence. This also explains the lower representation of women of high IQ. Another explanation is a personality type that aims to make money. How do you explain the overrepresentation of Arabs and Greeks among the richest ??
Hard work =/= become a billionaire
Name redacted by pp, Halloween 2020 said:
we need more trans women of color chess grandmasters!
chess is totally objective?
i think trans women of color should have two moves for every straight white man’s one move.
Some Guy said:
Even assuming no racism and no race differences besides IQ, one would still not expect equal income for people with the same IQ but of different race simply because the person of the higher IQ race will on average have a higher IQ family(because of regression to the mean) and community, which should affect the opportunities available to that person.
Excellent point. Assuming a 0.45 IQ correlation between friends & family, the average 140 IQ Jew will have friends & family with IQs of 124 while a 140 IQ black will have a 110 IQ social network.
The Philosopher said:
Idiot people that follow Puppys line of thinking support quotas. Golly gee. Why aren’t 13% of billionaires blacks? Must be racism. Idiot.
I don’t support quotas. Just trying to figure out the effect of race on income independent of IQ. Btw pretty dumb of you to think Leon Black was being blackmailed by Epstein.
Name redacted by pp, oct 31, 2020 said:
do asians make more than whites when geography is controlled for? asians live in the highest income cities. so why not compare income by race within nyc. i’d bet the difference is much smaller. but then drive into upstate new york and it’s poorer and whiter. and in farm country there are a lot of destitute latinos.
He didn’t control for that but it seems like an over-correction. Rich people live in rich areas
dexter p said:
Hate crime statistics to be taken with a handful of salt. Have you seen the interracial crime disparity? I bet you that far more W-on-B crimes are labeled as hate crimes than warranted and vice versa for B-on-W.
Happy Birthday, Pumpkinperson!
Didn’t know it was his birthday. Happy Birthday pp….. assuming this actually your birthday and not some other pp tradition that is taken to be your birthday.
It’s a joke. I call myself Pumpkin Person and it’s Halloween. Get it?
Yeah I suspected that was a possibility.
The Philosopher said:
Thanks captain obvious.
Austin Slater said:
Happy halloween fellas!
Austin Slater said:
I doubt it has much to do with racism. Practically every prestigious company on the planet is desperate to signal its virtue with competent minority placeholders. It also appeases activists and keeps the alphabet agencies off their back.
It’s probably due to their preferences. Blacks tend to shy away from the quant heavy stuff, which is where a lot of the big money is made. And maybe they skew towards VIQ at higher IQ levels.
But maybe at the very highest levels there is some prejudice. I doubt Shlomo would want to put J’Dameon in charge of managing his shekels.
The prejudice is probably just a rational response to the lack of qualified blacks, though.
Conservies are biggest problem in the world
Completely unrelated, but I just realized that if you take the pre-2016 SAT and get the composite score then take a zero off the end that’s roughly your IQ. I can’t believe you never figured this out PP. They were basically giving you the score and you were creating all these weird formulas.
I heard that theory decades ago. It’s fine if you don’t mind being off by as much as 11 points. For example 1600 old SAT = IQ 171
An old SAT of 500 is about IQ 80 so your method would be off 30 points at that level