tag:blogger.com,1999:blog-1740670447258719504.post6875449203009954506..comments2024-03-27T03:00:27.024-04:00Comments on Facts & other stubborn things: Two random thoughtsEvanhttp://www.blogger.com/profile/12259004160963531720noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1740670447258719504.post-63168613673008476052012-06-10T20:30:09.700-04:002012-06-10T20:30:09.700-04:00> This is a different sort of "nurture&quo...> This is a different sort of "nurture" than we often think of.<br /><br />I think part of the answer is that various professions are thought of poorly by smart school leavers. Take acting for example, it's generally thought to be a bad job and rightly so. But, those who come from particular families who are in the profession know what to do to make it into a good job. They know the extra knowledge that pushes the mean expected salary above that for other options. It doesn't necessarily take that much to skew the statistics. For example, suppose I'm a school leaver and the average university degree I could plausibly achieve would leave me earning 40K euros per year net. My father is statistician and most statistician earn 30K euros per year net. If my father know enough to raise my salary by 15K per year in the long run then it's worth my while becoming a statistician.Currenthttps://www.blogger.com/profile/08645195276844244481noreply@blogger.com