Does IQ fully explain the economic outperformance of some countries?
IQ
Jace Williams
Connor Watson
*assuming the compared countries have capitalist/capitalist-ish economies
Luke Fisher
China was doing pretty shit economically until 1989 or so.
Connor Perez
No one variable fully explains anything, except maybe being dropped on your head at birth.
Justin Young
Not fully, but it has strong suggestive power. It's clearly very influential. It's probably more influential in establishing a ceiling than in ensuring a certain floor, though - higher IQ societies can still suffer poverty.
Owen Ward
I know .
Andrew Morris
I formulated the OP badly. What other factors do you think is important and why?
Personally I suspect that the degree of individualism is quite important since it effects what kind of economic system is preferred by the voter base as well as the degree of nepotism, which would be negatively correlated with economic success.
Henry Lewis
You're talking out your ass. Individualism isn't a precursor for economic success.
Parker Nguyen
It's not? Certainly looks like it's correlated. Also makes sense since...
> effects what kind of economic system is preferred by the voter base
i.e. market economy
> degree of nepotism
lower
Also, people are more willing to go against the collective and thus you would expect to see more innovations. Might also see it being correlated to the degree of risk taking etc.
Ian Allen
And really well from 2000BC-1700AD or so.