Down the page - https://news.ycombinator.com/item?id=6078722 - we have lancewiggs saying that the results of IQ tests are strongly driven by poverty.
What basis do you have for your claim?
1. Given all of the smartest 50% of the people in the world.
2. Take all of their money away.
3. Give it to the other 50%.
Lets say we were able to do those three. Now do you think being poor causes lower IQ?
DON'T CONFUSE CORRELATION WITH CAUSATION!
Poverty means you have to skip meals, you can't afford books, you go to a school were there aren't enough teachers and so on... Those are all things that have an influence the intellectual development of a person.
IQ is the ability for a child to do exemplary things with his/her mind.
Intelligence is building upon that.
Being poor does not make you have lower IQ, nor does it make you less intelligent. A large number of the poor have come up from the depths and are very intelligent people.
"Being raised in poverty" is a broad term that means all kinds of things, you seem to think it is merely a measure of wealth. This myopic view is why you're so very very wrong.
Let's talk about intelligence, though. Lets say that everyone had the same intellectual capacity, but we still saw the same descrepancy in how well they did on standardized tests. Having little to eat and poor schools do not keep a child from learning from others. There is ready access to the internet through libraries in the U.S. with a wealth of information online, and a lot of books on the shelves there also. If you take away all genetic factors (tendency towards aggression, lower intellectual capacity, etc.) and environmental factors (is the child worried about being shot, peer pressure to join a gang or get into drugs or alcohol, etc.), then in the end it is more about parenting and community, not about poverty. If we were able to teach good parenting skills, social skills, and ethics adequately in schools, and help them develop sense of community, then many of the problems (unrelated to genetics) related to intelligence being lower would go away. I hope if anyone takes home anything from what I'm saying, it is that you can't throw money at a problem like this. Welfare can make things much worse (misusing food funds for drugs, setting up a cycle of dependence on government funds, etc.), but welfare is a perfectly logical solution to lack of money. We made that mistake before, and can't have a whole new generation of people buying into that statist crap.
However, back to the study. Genetic problems with IQ cannot be solved by money, period. Also, being poor does not make you have lower potential for intelligence. That has been my point all over this thread.
Consider the elements of an IQ test: vocabulary, pattern recognition, mathematics, abstract logic. What kind of environment would you think is more likely to teach children the things they need to do well on an IQ test?
This causation takes time.
The amount of money at a specific moment is meaningless because it's 0% of the experimental window. Look at the average and compare it to food and necessity prices.
http://www.apa.org/pi/families/resources/newsletter/2012/07/...
"Given all of the kids who would grow up to be the smartest 50% of the people in the world."
The problem is we are not able to predict this first step.