{"id":12184,"date":"2010-06-07T18:30:15","date_gmt":"2010-06-08T01:30:15","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=12184"},"modified":"2010-06-26T07:43:18","modified_gmt":"2010-06-26T14:43:18","slug":"per-capita-wealth-and-poverty-in-a-given-political-economy-is-strongly-correlated-both-with-economic-freedom-and-oppression-and-with-the-perception-of-integrity-or-corruption-among-government-official","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/12184\/per-capita-wealth-and-poverty-in-a-given-political-economy-is-strongly-correlated-both-with-economic-freedom-and-oppression-and-with-the-perception-of-integrity-or-corruption-among-government-official\/","title":{"rendered":"Per-capita wealth and poverty in a given political economy is strongly correlated both with economic freedom and oppression and with the perception of integrity or corruption among government officials."},"content":{"rendered":"<p>Countries that pursue policies of economic freedom have rich populations. Countries that obstruct free enterprise have poor populations. The relative wealth or poverty of a given population is strongly correlated with and can be readily predicted from the level of economic oppression in that political economy. This is easily understood from Austrian and Classical economic theory, but it&#8217;s stunning to see how relentlessly the theory is borne out in the real-life experiences of the countries of the earth:<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/EconomicFreedom.jpg\"\/><\/p>\n<p>This map is from <a href=\"http:\/\/heritage.org\/index\/\" target=\"_blank\">The Heritage Foundation&#8217;s Index of Economic Freedom<\/a>.<\/p>\n<p>Interestingly, relative wealth and poverty are also very fairly correlated with perceptions of the local population of the integrity or corruption of government officials.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/PerceivedCorruption.jpg\"\/><\/p>\n<p>This map is from <a href=\"http:\/\/www.transparency.org\/policy_research\/surveys_indices\/cpi\/2009\" target=\"_blank\">Transparency International&#8217;s Corruption Perceptions Index<\/a>.<\/p>\n<p>What&#8217;s especially striking is to look at the two maps together: Government corruption is correlated with economic oppression. This is not really surprising, but it seems to tell us everything we need to know about wealth and poverty: The closer a given country is to being a slave-state, the closer to starvation the people of that country will be.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Countries that pursue policies of economic freedom have rich populations. Countries that obstruct free enterprise have poor populations. The relative wealth or poverty of a given population is strongly correlated with and can be readily predicted from the level of economic oppression in that political economy. This is easily understood from Austrian and Classical economic [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[251,212,29],"tags":[],"class_list":{"0":"post-12184","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-big-mother","7":"category-flourishing","8":"category-group-therapy","10":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":12172,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/12172\/how-socialism-makes-beggars-of-free-people-the-predictable-result-of-these-efforts-at-preventing-the-exploitation-of-man-by-man-was-the-collapse-of-production-pauperizing-an-already-poor-country\/","url_meta":{"origin":12184,"position":0},"title":"How Socialism makes beggars of free people: &#8220;The predictable result of these efforts at preventing the exploitation of man by man was the collapse of production, pauperizing an already poor country.&#8221;","author":"Greg Swann","date":"June 6, 2010","format":false,"excerpt":"Theodore Dalrymple reflects on how the imposition of a Marxist redistributionist policy impoverishes what had been a self-sustaining economy:I next spent a few years (1983 to 1986) in Tanzania, a country that presented another experiment in treating poverty as a matter of maldistribution. Julius Nyerere, the first&#151;and, until then, the\u2026","rel":"","context":"In &quot;Big Mother&quot;","block_context":{"text":"Big Mother","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/big-mother\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5621,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/5621\/can-california-cultivate-anything-better-than-the-seeds-of-its-own-destruction-urbanologist-joel-kotkin-tallies-the-states-ills\/","url_meta":{"origin":12184,"position":1},"title":"Can California cultivate anything better than the seeds of its own destruction? Urbanologist Joel Kotkin tallies the state&#8217;s ills","author":"Greg Swann","date":"November 16, 2008","format":false,"excerpt":"Joel Kotkin on the rise and fall of the Golden State:Twenty-five years ago, along with another young journalist, I coauthored a book called California, Inc. about our adopted home state. The book described \u201cCalifornia\u2019s rise to economic, political, and cultural ascendancy.\u201d As relative newcomers at the time, we saw California\u2026","rel":"","context":"In &quot;Investment&quot;","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14804,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/14804\/a-poverty-of-imagination\/","url_meta":{"origin":12184,"position":2},"title":"A Poverty of Imagination","author":"Damon Chetson","date":"July 15, 2011","format":false,"excerpt":"One of the sad things about the modern welfare state - which I'd date to about World War I and really got underway with the New Deal - is that it's caused a poverty of imagination. People can't imagine what the world would be like without this or that government\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2162,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2162\/tv-writers-shoot-selves-in-foot-rassafrassin-swearing-unconvincing\/","url_meta":{"origin":12184,"position":3},"title":"TV writers shoot selves in foot: Rassafrassin&#8217; swearing unconvincing","author":"Greg Swann","date":"November 5, 2007","format":false,"excerpt":"TechCrunch:The strike poses an interesting challenge for television at a time where internet usage has surpassed TV viewing time in most homes. Users are already choosing online entertainment over TV, how many more will switch off their televisions when their favorite shows stop going to air? These eyeballs present a\u2026","rel":"","context":"In &quot;Disintermediation&quot;","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12165,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/12165\/the-first-word-in-free-enterprise-is-free-how-economic-fallacies-are-deployed-to-frustrate-human-liberty\/","url_meta":{"origin":12184,"position":4},"title":"The first word in &#8220;free enterprise&#8221; is &#8220;free&#8221; &#8212; how economic fallacies are deployed to frustrate human liberty.","author":"Greg Swann","date":"June 6, 2010","format":false,"excerpt":"In a comment to my post on the NAR's most recent attempts to rape the taxpayers, Michael Cook set forth a number of subtle economic fallacies. I am not picking on Michael. He is simply repeating Marxist propaganda that is ubiquitous, more's the pity. But I thought it were well\u2026","rel":"","context":"In &quot;Big Mother&quot;","block_context":{"text":"Big Mother","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/big-mother\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12301,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/12301\/in-a-sense-britain-inadvertently-through-its-actions-in-hong-kong-did-more-to-reduce-world-poverty-than-all-the-aid-programs-that-weve-undertaken-in-the-last-century\/","url_meta":{"origin":12184,"position":5},"title":"\u201cIn a sense, Britain inadvertently, through its actions in Hong Kong, did more to reduce world poverty than all the aid programs that we\u2019ve undertaken in the last century.\u201d","author":"Greg Swann","date":"June 16, 2010","format":false,"excerpt":"From The Atlantic, an explication of economist Paul Romer's idea to build modern-day Hong Kong-like enclaves to promote development in poverty-stricken counties:When Romer explains charter cities, he likes to invoke Hong Kong. For much of the 20th century, Hong Kong\u2019s economy left mainland China\u2019s in the dust, proving that enlightened\u2026","rel":"","context":"In &quot;Big Mother&quot;","block_context":{"text":"Big Mother","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/big-mother\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/12184","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=12184"}],"version-history":[{"count":2,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/12184\/revisions"}],"predecessor-version":[{"id":12399,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/12184\/revisions\/12399"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=12184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=12184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=12184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}