Success and Luck. Book Summary

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Robert H. Frank

What’s inside

Success and Luck explores the often-underestimated role of luck in success and how it intertwines with meritocracy.

You’ll Learn

  • Understanding the role of luck in personal success
  • Challenging the belief in a pure meritocracy
  • Recognizing the unseen advantages in one’s life
  • Inspiring more compassion and supportive policies

Key Points

  • The Myth of the Self-Made Success
  • Luck’s Influence on Personal Achievement
  • Meritocracy’s Flaws and Biases
  • Economic Inequality and Chance
  • Improving Fairness in Opportunity Distribution
  • Policy Implications of Recognizing Luck

Who’s it For

  • Aspiring Entrepreneurs
  • Individuals interested in success dynamics
  • Readers curious about the role of chance in life
  • People questioning meritocracy

About the author

Robert H. Frank is a renowned economist known for his insights on behavioral finance and economic psychology.