Category Archives: Wealth of Nations

Innovation, Productivity, and Enterprise: Wealth of Nations

Innovation Leads to Greater Productivity and Wealth Both innovation in new products and innovation in new processes tend to contribute to higher productivity for both individual firms — large and small — and for nations. “Disruptive innovation” contributes more than … Continue reading

Posted in Demographics, Economics, Europe, innovation, Technology, Wealth of Nations | Tagged

Why are Some Nations Rich and Others Poor?

Judging only by wealth per capita, most people might choose to live in Switzerland, Lichtenstein, or Luxembourg. But residency is tightly restricted in the smaller two nations of the three, and gaining permanent residency is Switzerland is not particularly easy. … Continue reading

Posted in Demographics, Economics, Executive Functions, Genetics and Gene Expression, IQ, Wealth of Nations | Tagged , , | 7 Comments

Core v. Periphery VS. IQ and the Wealth of Nations

Core v. Periphery The world can be perceived as a core / periphery dichotomy where core countries are characterized by high levels of development, a capacity at innovation and a convergence of trade flows. The core has a level of … Continue reading

Posted in Africa, Economics, innovation, IQ, Peter Zeihan, Wealth of Nations | Tagged , , | 2 Comments

China’s Mojo Was Always Dependent Upon Foreign Investment and Tech Transfer

China is now in a very difficult position. Economists at Nomura say the yuan is 6pc overvalued, the result of an relentless rise when it was still coupled to the dollar, and due to the internal effects of rising labour … Continue reading

Posted in Economics, Russia, Wealth of Nations | Tagged

Bleak Global Marketplace: Nowhere to Invest, Shorting the Yuan

As the amount of money in the financial markets grows compared to the amount of worthwhile investments, it’s like having more and more rich people standing on a shrinking platform… … the basic idea behind an investment — be it … Continue reading

Posted in China, Economics, Russia, Wealth of Nations | Tagged ,

Golden Ages and Dynamic Stability of Civilisations

The golden age of Greece depended upon trade between far-flung colonies around the Mediterranean. The golden age of Islam relied upon wealth from trade among regions of conquest, and a hub-like cross-trade and knowledge cross-fertilisation between lands in the east … Continue reading

Posted in Creativity, Discovery, Empire, Wealth of Nations | Tagged , , | 1 Comment

Comparing Nations: Nominal GDP per Square Kilometre Area

Nominal GDP per square kilometre is a rough estimate of a nation’s productive use of land. It can also be used as a rough estimate of the relative maturity stage of national economic development. Lower ranking nations presumably maintain more … Continue reading

Posted in Economics, Siberia, Wealth of Nations | Tagged | 11 Comments

Russian Oil Curse Part II

Putin has relied upon the inherited wealth of the hydrocarbon sector to circumvent change and shore up his power. His fortunes are now tied to oil and gas more than ever before, despite the fact that Russia is quickly running … Continue reading

Posted in Russia, Russian Oil Curse, Wealth of Nations | 2 Comments

What is the IQ Breaking Point?

How Low Can Average IQ Go Before Countries Fail? Blogger Staffan looks at this issue from the standpoint of the correlations of IQ with multiple societal variables — (via HBDChick) — , including education, number of scientists and engineers, per … Continue reading

Posted in Demographics, IQ, Wealth of Nations | Tagged , | 5 Comments