Age is correlated in two different ways with making awesome stuff happen. (1) There’s presumably some peak period of life in which you’re more likely to do awesome things. (2) The likelihood of having made something awesome happen is monotonically increasing with age. If Yvain were wanting to measure awesomeness—and let me repeat that I see no particular reason to assume that was his goal—then #1 would be of some interest. But what you get by looking at income is more like #2.
Career choice is certainly correlated both with making awesome things happen and with income. But, again, in different ways. For instance, if you’re a very clever technically-inclined new graduate wanting to get rich, then finance and law are pretty good choices of career. Both offer, especially if you’re both good and lucky, the opportunity to get hold of very large amounts of money. But if those are careers that tend to produce a lot of awesomeness, I seem to have failed to notice. (Handwavy explanation: To get a lot of money, you need to do things that others find very valuable. You can do that by creating new value, which is hard; or by steering value towards the people who pay you, which is often easier. When someone working in finance makes his clients rich, it’s usually mostly at other people’s expense: to buy low and sell high, you require others to sell low and buy high. Law is somewhat similar, though I think it tends to be more about steering anti-value away from your clients.)
There are people in law who are making awesome things happen, but they are not getting paid anywhere close to as much for it as the ones who are doing standard things for deep-pocketed clients.
Age is correlated in two different ways with making awesome stuff happen. (1) There’s presumably some peak period of life in which you’re more likely to do awesome things. (2) The likelihood of having made something awesome happen is monotonically increasing with age. If Yvain were wanting to measure awesomeness—and let me repeat that I see no particular reason to assume that was his goal—then #1 would be of some interest. But what you get by looking at income is more like #2.
Career choice is certainly correlated both with making awesome things happen and with income. But, again, in different ways. For instance, if you’re a very clever technically-inclined new graduate wanting to get rich, then finance and law are pretty good choices of career. Both offer, especially if you’re both good and lucky, the opportunity to get hold of very large amounts of money. But if those are careers that tend to produce a lot of awesomeness, I seem to have failed to notice. (Handwavy explanation: To get a lot of money, you need to do things that others find very valuable. You can do that by creating new value, which is hard; or by steering value towards the people who pay you, which is often easier. When someone working in finance makes his clients rich, it’s usually mostly at other people’s expense: to buy low and sell high, you require others to sell low and buy high. Law is somewhat similar, though I think it tends to be more about steering anti-value away from your clients.)
There are people in law who are making awesome things happen, but they are not getting paid anywhere close to as much for it as the ones who are doing standard things for deep-pocketed clients.
For that matter, there are people in finance who are making awesome things happen—if we want a particularly PC example, Grameen Bank