Lawyers are Good for the Economy, Stupid

News flash, Lawyers are good for the economy. Well sort of. Scholars who do IQ studies theorize that the wealth of a nation, ie GDP is directly related to its "Smart fraction." "Smart fraction" means the part of society with verbal IQ scores at 106 and above. Lawyers generally exhibit high verbal IQ skills. Historian Daniel Boorstin in his three volume "The Americans" points to lawyers as largely responsible for development of industry and the westward expansion. The high IQ lawyer might breakdown a little, as far as lawyers go however if law schools keep admtting less qualified students in order to achieve ethnic diversity. The recent Stanford Law Review article by UCLA law professor Richard Sander lays out the stark details: minority law students inevitably congregate at the bottom tiers of their law school classes and also pass the bar exam at the lowest rates.