The Tussle for Talent

THE ECONOMIST

The best companies are obsessed by “the vital few”

PLATO believed that men are divided into three classes: gold, silver and bronze. Vilfredo Pareto, an Italian economist, argued that “the vital few” account for most progress. Such sentiments are taboo today in public life. Politicians talk of a “leadership class” or “the vital few” at their peril. Schools abhor picking winners. Universities welcome the masses: more people now teach at British ones than attended them in the 1950s.

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