Ooops, edit time elapsed. My arithmetic was wrong, not my BOE analysis. <You'll see that those with IQ 95 and those with IQ 100 have a value difference of about $6,000. So, we see that IQ is worth about $1,100 per capita GDP. With a P:E of 10, we get about US$11,000 capital value.
My BOE was not far wrong!>
1 IQ point = $US11,000 value, but there was only 0.3 IQ point damage due to lead so that's only US$3,3000, which = about NZ$6,000, which is closer to my BOE analysis.
Blame it on my having spent a lot of time around lead!
Actually, $11,000 seems too cheap for an IQ point. I wouldn't sell mine so cheaply. If I sold 30 of them, I'd only get $300,000 and I'd be in big, big trouble, financially and intellectually. I'd need to get at least 10x that to even think about it.
I think the value of an IQ point must be higher than $11,000.
Lead in petrol [and other things] was criminally negligent and some lawyers ought be doing a class action suit against Associated Octel and other purveyors of lead.
Mqurice |
