The opening paragraph bothers me greatly. "multiply a gaussian and a power law, the power law dominates." They literally are distributions of different variables, why would you "multiply" two different distributions that exist on different domains!? The example they're using as an opening is very wrong, it makes no sense and makes the author sound incompetent.
Even if I get the point they're trying to make (if I try hard to find it), the very fact that they don't even know how mathematics in the "mathematical" part of their opening does not inspire confidence in the rest of the essay. It's very hard for me to move past the opening after the very first few lines!
Perhaps this is just because I'm a scientist, I'm surprised no one is picking at this because I feel insane reading this and this not being the first nitpick at the top of every comment. The correct way you're represent this (dist of "life outcomes", whatever that means) is that it would be a 2D histogram with IQ and wealth on the different axes. But this is not "multiply the two" wherein "one would dominate".