Book review: Success and luck: good fortune and the myth of meritocracy by Robert H. Frank

What role does luck play in economic success? In Success and Luck: Good Fortune and the Myth of Meritocracy, Robert H. Frank argues that the wealthy tend to underestimate the role that chance plays in acquiring status and money, and explores how this consequently discourages support of taxation. While this short read could draw upon other discussions of luck to bolster its key claims, this is a convincing and engagingly written work, writes Dan McArthur.