Recent articles in the popular media have been reporting a positive effect of simple/common first names on economic success, that is, individuals with simple/common first names (e.g., James, John, Sarah) are more likely to succeed. Economic success is usually measured by educational outcomes or earning outcomes or both. 5. First, argue that a person’s first name positively impacts economic success. That is, discuss actual mechanisms bywhich an individual’s simple/common first name can have a causal impact on his or her economic success. [5 points] 6. Second, pull the rug from under your argument in [5] and convince me instead that simple/common first names do nothave a causal impact on an individual’s economic success. Discuss. [10 points]