Are Differences in IQ to Blame for Income Inequality?

Could it be that this prick is making a justification for a slough of elitists?

via The Week

Last week, London Mayor Boris Johnson made a very controversial assertion that differences in IQ levels help explain income inequality. Here are his remarks:

Whatever you may think of the value of IQ tests, it is surely relevant to a conversation about equality that as many as 16 percent of our species have an IQ below 85, while about 2 percent have an IQ above 130. The harder you shake the pack, the easier it will be for some cornflakes to get to the top.

And for one reason or another — boardroom greed or, as I am assured, the natural and god-given talent of boardroom inhabitants — the income gap between the top cornflakes and the bottom cornflakes is getting wider than ever. I stress: I don’t believe that economic equality is possible; indeed, some measure of inequality is essential for the spirit of envy and keeping up with the Joneses that is, like greed, a valuable spur to economic activity. [via The Telegraph]

This started a massive public argument not only in England, but in economic circles generally. While some claimed that Johnson was “telling it like it is,” Deputy Prime Minister Nick Clegg condemned the mayor’s remarks as “careless elitism.” Others questioned the concept of IQ altogether.

On Tuesday, radio talk show host Nick Ferrari asked Johnson some impromptu questions from an IQ test. Johnson did not fare so well.

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Source: Disinfo