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January 27, 2011Credentialism and elite employmentWant an elite job at the very pinnacle of 21st century capitalism? Read the rest of this post. Here's what I said in an earlier post How the world works: (see also Creators and Rulers.)Posted by Jim Zellmer at January 27, 2011 6:52 AMGo to the web sites of venture capital, private equity or hedge funds, or of Goldman Sachs, and you'll find that HYPS alums, plus a few Ivies, plus MIT and Caltech, are grossly overrepresented. (Equivalently, look at the founding teams of venture funded startups.)The paper below is by a Kellogg (Northwestern) management professor, Lauren Rivera. No offense to Rivera, because she gets things mainly right, but much of (good) social science seems like little more than documenting what is obvious to any moderately perceptive person with the relevant life experience. Bad social science, on the other hand, often means completely missing things that a moderately perceptive person would have noticed! ;-) Subscribe to this site via RSS/Atom: Newsletter signup | Send us your ideas Comments
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