Yes. "Smart people make more money but don’t end up any wealthier" is the more accurate statement
http://tierneylab.blogs.nytimes.com/2007/04/25/smart-doesnt-...
http://tierneylab.blogs.nytimes.com/2007/04/25/smart-doesnt-...
I'm curious as to the effect on quality of life - measuring wealth in dollars is easier, but a pretty imprecise measure of the overall effect on someone's life of a few IQ points.
I'm even more curious as to the effects on happiness...
Edit: Not much, apparently: http://www.quora.com/Happiness/Is-it-true-that-less-intellig...