The wealth of nations and industrial

Data represent percentage of consumption in PPP terms.

The wealth of nations and industrial

It reports their observation that national IQ correlates with gross domestic product per capita at 0. The authors believe that average IQ differences between nations are due to both genetic and environmental factors.

The authors write that it is the ethical responsibility of rich, high-IQ nations to assist poor, low-IQ nations financially, as it is the responsibility of rich citizens to assist the poor.

The wealth of nations and industrial

Rather than do their own IQ studies, the authors average and adjust existing studies and use other methods to create estimates. For of the nations, no studies were available. In those cases, the authors have used an estimated value by taking averages of the IQs of neighboring or comparable nations.

For example, the authors arrived at a figure of 84 for El Salvador by averaging their calculations of 79 for Guatemala and 88 for Colombia. To obtain a figure for South Africa, the authors averaged IQ studies done on different ethnic groups, resulting in a figure of The figures for Colombia, Peru, and Singapore were arrived at in a similar manner.

In some cases, the IQ of a country is estimated by averaging the IQs of countries that are not actually neighbors of the country in question. This is because ethnic background is assumed to be more important than proximity to other nations when determining national IQ. To account for the Flynn effect an increase in IQ scores over timethe authors adjusted the results of older studies upward by a number of points.

Scores that do not support the theory[ edit ] In several cases the actual GDP did not correspond with that predicted by IQ. In these cases, the authors argued that differences in GDP were caused by differences in natural resources and whether the nation used a planned or market economy.

Similarly, the authors think that large resources of diamonds explain the economic growth of the African nation Botswanathe fastest in the world for several decades. The authors also predicted that communist nations whom they believe have comparatively higher IQs, including China and North Koreacan be expected to rapidly gain GDP growth by moving from centrally planned economies to more capitalist based economic systemswhile predicting continued poverty for sub-Saharan African nations no matter what economic systems are used.

Several negative reviews of the book have been published in the scholarly literature.

The wealth of nations and industrial

Susan Barnett and Wendy Williams wrote that "we see an edifice built on layer upon layer of arbitrary assumptions and selective data manipulation. The data on which the entire book is based are of questionable validity and are used in ways that cannot be justified.

Early life

The review concludes that "This is not so much science, then, as a social crusade. It is therefore difficult to find much to recommend in this book.

Ervik stated, "The arguments put forward in the book to justify such comparisons [between the average IQ in different countries and their GDP] seem at best vague and unconvincing.

At worst, passages in the book appear to be biased and unscientific The authors fail to present convincing evidence and appear to jump to conclusions.The Wealth of Nations Eamonn Butler's Condensed Wealth of Nations is available to download here.

The book's broad themes. The first theme in The Wealth of Nations is that regulations on commerce are ill-founded and counter-productive. The Wealth of Nations by Adam Smith is truly an epic classic in our time.

This +page is obviously not that easy to read. (Especially in the part that he discusses Silver, etc.). Economic inequality is the difference found in various measures of economic well-being among individuals in a group, among groups in a population, or among countries.

The Wealth of Nations [Adam Smith] on attheheels.com *FREE* shipping on qualifying offers. The Wealth of Nations is a clearly written account of economics at the dawn of the Industrial Revolution.

IQ and the Wealth of Nations is a book by psychologist Richard Lynn and political scientist Tatu Vanhanen. The authors argue that differences in national income (in the form of per capita.

Economic inequality covers a wide variety of topics. It can refer to either income distribution, measuring the amount of money people are paid, or the distribution of wealth, which captures the amount of wealth people attheheels.comlity among nations is covered in international inequality and countries listed by income attheheels.com the United States, see United States income inequality, United.

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