Do looks matter for an academic career in economics?
papers.ssrn.com
papers.ssrn.com
https://www.forskning.se/2022/10/25/studenters-utseende-kan-...
I think this is part why Theranos was such a debacle. I have difficulty imagining a company led by a man being valued at $10 billion based on a lot of hot air and then going to zero overnight as happened with Theranos.
You go to the Wikipedia page for Theranos and it opens with "Theranos Inc. was an American privately held corporation..."
WeWork still exists. It has a fraught history but did not go overnight from a multi-billion dollar valuation to zero. Neumann also had prior business experience, was older and had a business partner, so he had a lot more street cred for whatever hype he was selling than Holmes did.
Holmes was a 19 year old college drop out with no track record who claimed to be celibate in her twenties due to her extreme devotion to her company. In reality, she was secretly living with an older man who was an investor in her company.
I really don't think the two compare.
FTX / SBF.
Surely there's about a 10-20 year span where this person is getting ahead due to factors that are external to their work before age starts to take its toll on their looks. A bald, average-looking, overweight man and a slim, attractive man with a full head of hair with the exact same production will not be treated the same in most companies. Of the two, the more attractive guy will be seen as management material. A future face of the company. So they will get promoted first. And once they get ahead, they're not giving that lead up, because these comparisons will happen again and again at leach level.
And the Theranos woman? Her connections got her the fame she needed, and she then relied on cultish tropes to trick folks into giving her money. Even with hours in a makeup chair, she's barely even attractive at all.
To each their own, I suppose. I thought she was cute.
That, however, is a separate skill that must also be nurtured and developed.
I feel this is what happened to Louis C.K. After being ousted from the mainstream comedian community for his antics, he's become more beholden to the smaller subset of his audience that will worship him no matter what, so he gets high off his smaller cult following and less receptive to the larger scale waves of feedback and sentiment he got from his forays into the mainstream. As a result his recent specials have been more mediocre.
The frustrating thing is that it seems that the only people allowed to be truly transgressive and also mainstream are the conventionally attractive. We reward handsome and pretty people for "pushing the envelope" because the dopaminergic quality of their face and build allows all the weird stuff to go down easy. That allows those more genetically blessed to be more free to experiment and express their true selves.
Same is true I'd say in certain creative or deep science positions. If your phd computer genius (which I know is a bullshit label, but people get presented that way to businesses) comes in wearing a tailored suit and well groomed, people are going to be suspicious. If someone looking like RMS shows up, people will belive he's legit. Unfortunately most careers involve some acting.
So it's not unreasonable to hypothesize that the causality might actually run backwards here -- people who want to have a better career put more effort into their appearance.
You know how they say dress for the job you want, not the job you have? Well it's not just your dress -- it's your hair, it's your confidence, it's your diet, it's your glasses, it's your athletic fitness, it's your posture, it's your makeup, it's taking care of your skin.
How much of this is because you look like a troll and how much of this is because you dress like a troll?
Given a group of people that work at a company, you can probably guess by their appearance what tier they are, e.g. McKinsey will be all fit and attractive and well groomed, big 4 will be above average, etc. There are confounding factors (ambition, self awareness, and whatnot) but when McKinsey says they look for "presence" - being attractive is definitely part of that.
We’re just hard-wired to favor those we find attractive.
With CRISPR gene editing and a randomized controlled trial it could be sorted out. :P
They note in the paper that they could be confounded by picture quality, e.g. successful and ambitious people bother to get good photos done / optimize that aspect.
Then they a) say well we don't think that picture quality will have much effect, cite cite and then they say b) it does have a small effect, but we control for it by controlling for picture size, dress code, and whether a person is smiling.
What a reductionist control, and b) contradicts a). There are lots of things like posture, style and conformance to fashions as to what successful economics academics look like that they do not control for
The paper is paywalled, but that's the abstract.
I'm curious about how much of that is self-sabotage. I don't think we can rule out self-perception of attractiveness as a confounding variable. Internalized attractiveness? If anyone has a good study about that, I'd be very interested.
(From university press release: https://news.ucsc.edu/2021/04/attractiveness-career-success-...)
They all came from top-10 departments, so there can't be that much self-sabotage, at least at the beginning.
> Attractive individuals are more likely to study at higher ranked PhD institutions and are more likely to be placed at higher-ranking academic institutions not only for their first job
I'm curious how their production differs as undergraduate students to merit the graduate placement, and as graduate students to merit the first job placement. Especially in the context of: > while it does not predict the number of papers an individual writes
I'm also curious about correlations with personality factors, since it's known that some personalities are more oriented toward positive appraisal from others (whether this is positive appraisal for looks, or for academic production).