Economist’s View: Luck vs. Skill.

Here’s a nice blog post to get your cognitive processes started on this fine Sunday morning.  Success – luck or skills and hard work?  This is a topic I’ve been thinking a lot about recently.  Unlike other missives I will purposely avoid politics.  To me,the answer is quite simple.

Both.

I work hard and have worked hard for a very long time to achieve success.  But at the same time, I recognize and appreciate how luck is as crucial a factor to success as skill and hard work.  Think about it.