Posted on 02/05/2024 3:44:06 PM PST by nickcarraway
If you want to earn money, pick good-looking parents
Good looks can be their own kind of inherited asset, boosting income across the generations, a new study reveals.
Children of conventionally attractive parents earn more than those from more average-looking families, according to new research by the US-based National Bureau of Economic Research.
The study, entitled: "The Economic Impact of Heritable Physical Traits: Hot Parents, Rich Kid?" examined prior datasets which tracked the attractiveness of parents and their children, as well as the children's earnings. It looked at families in both the United States and China, as well as among billionaires worldwide.
The attractiveness of parents and children was rated by other people, rather than determined by mathematical measurements such as the symmetry of their face. The research revealed that, for every standard deviation above average-looking that their parents rank, a child's annual earnings increase by more than $2,300 (€2,113).
Where in Europe have people the most disposable income? World’s five richest men double their fortunes as poorest 60 percent lose money, Oxfam says Economist Daniel Hamermesh, one of the report's authors said that, in addition to assets such as property and savings, the study had revealed that good looks can be their own kind of inherited asset, boosting income across the generations.
"Better-looking people are more likely to be financially and professionally successful throughout their lives," he explained.
"It's twofold, your parents being good-looking makes you look good-looking, and that helps you do well. But it's also because if your parents were good-looking, that means they have more money to give you," added the researcher from the University of Texas at Austin.
Hamermesh has studied the link between success and good looks for more than 10 years and has repeatedly found that individuals who are attractive are more likely to be employed and to receive higher salaries than their less-attractive counterparts. He says that looks play a much larger role in our odds of success that many of us realise.
The author acknowledged the findings were "very depressing", adding: "It's exactly the same as any other kind of discrimination."
L’Oreal heir shows she's worth it with more than €90 billion Fortune 500 Europe: Which company is the biggest on the continent? Hamermesh is hopeful that the research findings will make people more aware of their bias toward better-looking people and make them more likely to correct it.
"If you're conscious of the fact that you're discriminating, you're much less likely to do so," he said. "I think just making people aware of something like this reduces its detrimental impact."
Activists in the US have been calling for an extension of anti-discrimination laws to cover individual attributes. New York last year introduced measures to prevent discrimination based on weight in housing and employment. Several other states are considering similar laws.
Earlier studies have found there is a direct correlation between a woman's weight and how much she earns.
Explain Soros.
NSS.
I wonder how much this study cost the taxpayers.
He didn’t EARN his money
He stole it.
Now they are going to go after good looking people for their looks supremacy and looks privilege?????
This has been common knowledge for quite a while.
Inadvertently, most people will put higher ‘value’ onto a good looking person, vs someone with an average or unappealing face.
Even in the event of death;
one may read an article about someone who was killed while riding a NYC subway, if the victim’s photo shows a face that was uncommonly handsome or ‘Top 10 Gorgeous’, the reader will think “Oh, how sad, and she looked so beautiful, with her pleasant smile, hair all done up and wearing that tailored pantsuit! ....etc, etc,..as though the loss is now greater b/c ‘she looked good’. We can’t help it. People do profile and evaluate.
It’s true. My kids are worth gazillions.
Stacey’s Mom has got it goin’ on.
Klaus Schwab. Zuckerburg. Bernard Arnault. Sergey Brin.
Ellison is not bad.
My kids should be doing even better than they are! I hope they don’t squander their terrific genetic inheritance. LOL
Wiki:
Funding
According to the NBER, they are funded by grants from government agencies, private foundations, by corporate and individual contributions, and by income from the NBER’s investment portfolio. The largest donators currently are the National Institute of Health, the National Science Foundation, the Social Security Administration, and the Alfred P. Sloan Foundation.[8]
You’d think it would be obvious
My folks were exceptionally good looking people with horrific money management skills
What I inherited genetically opened a lot of doors for me that would have been closed otherwise
Obviously Hamermesh is uglier than sin.
Harrison Bergeron
“”It’s true. My kids are worth gazillions””
Nice.
“what I inherited genetically opened a lot of doors that would have been closed otherwise”
Serious stupidity, OF COURSE if you include all genetic factors (otherwise let’s see your p***y profile)
But I suspect you mean Hollywood casting couch factors
noshitSherlock who wants to be around ComradeHillary (BJC, he that may not be killed?)
Good looking people will deny the validay of the supposition. Their egos can’t take it.
This totally explains Bill Gates and Steve Ballmer becoming billionaires - boyish good looks.
“Harrison Bergeron”
Vonnegut had a deep understanding of the leftist ideology.
It must scar and deface everything eventually—including human faces and bodies.
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