HKS Authors

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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.

Citation

Jencks, Christopher. "Luck, Chance, and Taxes." Review of Success and Luck, by Robert Frank. The American Interest, 13.1, June 23, 2017.