Are the Wealthiest Countries the Smartest Countries?
It’s not just how free the market is. Some economists are looking at another factor that determines how much a country’s economy flourishes: how smart its people are. For a study published in an upcoming issue of Psychological Science, a journal of the Association for Psychological Science, researchers analyzed test scores from 90 countries and found that the intelligence of the people, particularly the smartest 5 percent, made a big contribution to the strength of their economies. (more…)