Are your genes to blame for not being rich?

Published 12 July 2013 11:37, Updated 15 July 2013 07:31

A new report into social disadvantage has raised the issue of the impact of genetics on wealth. 

The possibility of a “rich” gene has created excitement in recent days following the publication of a new Productivity Commission report entitled Deep and Persistent Disadvantage in Australia. Thursday’s Herald Sun newspaper made room on its front page for a story that discusses some of the report’s key findings. Entitled “Born to Rule” the Herald Sun article begins with the following paragraph: “Rich kids do better at school while poor children struggle due to genetic ‘inherited abilities,’ the Australian government’s top policy research body says.” The idea that offspring of rich people are genetically predisposed to success has important social ramifications. But a principal research adviser for the Productivity Commission Jenny Gordon says that their report has been misinterpreted. “It’s rather sad that one sentence in a report of 256 pages gets stretched to say something that the report didn’t say at all,” Gordon tells BRW. Gordon says the purpose of the Productivity Commission report was to identify causes for people suffering social disadvantage. Under the heading “Explaining difference in education attainment: Inherited abilities”, the report reads:

” Thorburn says he is not aware of any evidence of a “genetic underclass”. “In almost all areas of life genetics is a component. “It is an interaction between nature and nurture.rantlifestyle. each having a small effect.brw. “It is very difficult to disentangle the genetic elements from the environment [in terms of] intelligence and career success.com/2014/01/17/awesome­animal­pics­ rich/2013/young_rich_gavin_fernandez_pmMIE58zeoYiXHdqaepQhP) gotta­see/) Young Rich 2013: 60.” Determining the reasons for disadvantage in longitudinal studies is difficult. They overlap in many ways and we can’t really separate them.cafemom. because the people being observed are often homeless and difficult to track over time.com/drivers­are­ being­ripped­off­by­not­following­one­simple­rule/? .brw. Gordon says.com/in_the_news/166873/2yearold_found_ wandering_in_woods) Awesome Animal Pics You Gotta See (http://www.” Gordon says. " "Evidence from the United Kingdom (using the British Cohort Study with data across two generations). suggests that inherited cognitive abilities explain around one­fifth of the gap in cognitive test scores between children from the richest and poorest families after controlling for a number of environmental factors. Gavin Fernandez (http://www.” Recommended for you From Around the Web 2­Year­Old Found Wandering in Woods Clutching His… (http://thestir. " Gordon says while the Productivity Commission references the British study.com. “We need better data to be able to unpack it.au/p/lists/young­ rich/2013/young_rich_gavin_fernandez_pmMIE58zeoYiXHdqaep Rant Lifestyle Articles in the News Massachusetts's New Rule (http://lifestylejournal. but environment is likely to be an equal or larger component of the outcome. “There are a huge number of genes involved."One explanation for differences in educational attainment between children of low and high socioeconomic backgrounds is parents’ cognitive abilities and inherited genes. it does not present its findings as fact.com. “It isn’t just genetics.au/p/lists/young(http://www. Thorburn says genetics plays a role in determining most aspects of our lives but the idea there are different genes for different traits and characteristics is wrong. Professor David Thorburn from the Murdoch Childrens Research Institute and Department of Paediatrics at the University of Melbourne says genetics are a complex area in which it is difficult to make generalisations.” she says.” he says.

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