If hard work, talent and financial IQ are not responsible for our economic success, what is?

 

Whether we know how to spend our money better than government is at least debatable given the low financial IQ of most people. We may have earned our money through hard work and talent but should at least acknowledge that our country of birth or residence, parent’s income and education, genetic intelligence, physical appearance, social upbringing, and probably some good luck account for most of our economic success, circumstances over which we have little or nothing to do.