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Open Your Mind to the Benefits of Nepotism

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Open Your Mind to the Benefits of Nepotism

Bloomberg Opinion August 13, 2022
EconomicsEmployment

Society rightly condemns promoting unqualified progeny to unsuitable jobs, but there’s still value in passing down the family business.

Greg Long is one of the world’s best Big Wave surfers. His got his edge not just from his physical ability, comfort with risk and skill on the water; he was literally born to be a surfer. His father was a lifeguard and took young Long and his brother surfing, exposing them to the sport and the surfing community when they were children. This is a typical story in that industry. When I went to the Big Wave Surfing Risk Assessment Group, a risk conference for surfers, nearly all the famous surfers there grew up in the business.

Continue reading the entire piece here at Bloomberg Opinion (paywall)

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Allison Schrager is a senior fellow at the Manhattan Institute and a contributing editor of City Journal.

Photo by marchmeena29/iStock

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