Success and Luck: Good Fortune and the Myth of Meritocracy.

Laurie Taylor talks to Robert H. Frank, Professor of Economics at Cornell University’s Johnson School of Management, about the role luck has to play in life’s successes, or failures.

Thinking Allowed @16min 37secs

Frank argues that chance is much more significant than people give it credit for. Lynsey Hanley, writer and Visiting Fellow at the Research Centre for Literature and Cultural History at Liverpool John Moores University, joins the discussion.

Robert Frank argues that if people are given  the space to acknowledge the role of luck in their success, this can lead to them being more willing to share.  Lynsey Hanley ends by advocating for ‘a  better feathered bed for everyone to build upon, to avoid so much stress and difficulty’ – a useful way of thinking about citizen’s income.