Via Chris Dillow is this very interestin…
Via Chris Dillow is this very interesting, but unsurprising, paper:
[I]ndividuals growing up during recessions tend to believe that success in life depends more on luck than on effort, support more government redistribution, but are less confident in public institutions.
In a complete tangent the use of the word ‘luck’ always reminds me how people perceive events differently, or use different language to identify the same process and outcome. What is ‘luck’ is to someone struggling for a job during a recession in the study above, will probably be identified as God’s Will by a Muslim, or a Christian.