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To: energyplay who wrote (50715)	6/3/2004 7:37:58 AM
From: Maurice Winn	Respond to of 74559

True EP. <You are measuring GDP contribution by measuring the income received by an individual. Frequently an individual is not able to capture most of their value added, and this tends to become more true with higher value created. The value tends to spread through the society and the world. > I was comparing apples and oranges. I should have doubled the person's income to get a GDP figure [near enough, though as you say, for some things, the person's pay is a small part of the cost to the consumer and even that doesn't cover the situation as there is a consumer surplus to boot]. That means I've underestimated the value of an IQ point by about a factor of 3, [for IQs around 100] if I use the GDP per capita figure rather than the individual's pay rate. Mqurice