Christopher Jencks Photo

Christopher Jencks

Appointment
Malcolm Wiener Professor of Social Policy, Emeritus
Office Address
79 John F. Kennedy St. Taubman Bldg 414
617-495-0546
Jencks, Christopher. "Luck, Chance, and Taxes." Review of Success and Luck, by Robert Frank. The American Interest, 13.1, June 23, 2017.

Abstract

Robert Frank’s recent book, Success and Luck, is an engaging, partly autobiographical account of why and how most Americans underestimate the role of luck in economic success. Frank sees our tendency to overlook the role of luck as a cultural bias that helps explain why we are less likely than Europeans to favor high taxes on the rich and generous benefits for the poor.