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by pitchups
3028 days ago
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One of the most important takeaways from this article, is not what the title suggests, but the consequence of it being true for society. It is buried in the middle of the article and if true, is must-reading for everyone who determines public policy or funds startups: "[I]f the goal is to reward the most talented person (thus increasing their final level of success), it is much more convenient to distribute periodically (even small) equal amounts of capital to all individuals rather than to give a greater capital only to a small percentage of them, selected through their level of success - already reached - at the moment of the distribution." |
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