Those exceptionally skilled in advanced engineering and computer programming, for example, are rewarded with significantly higher levels of income relative to the less facile. It is difficult to prove, but arguably luck, the great random leveler in the market place, appears to play an ever smaller role in determining success and failure in today’s just-in-time, high quality, productive systems.
Those systems appear to be especially rewarding to financial skills. The advent of computer and telecommunications technology has spawned a vast proliferation of new financial derivatives products crafted by mathematicians and finance technicians who had never previously found favor on either Wall or Lombard Streets.