Cognitive Capitalism: The Effect of Cognitive Ability on Wealth, as Mediated Through Scientific Achievement and Economic Freedom
Heiner Rindermann and James Thompson; 2011
https://lesacreduprintemps19.files.wordpress.com/2011/05/rindermann-and-thompson-2011-cognitive-capitalism.pdf
Abstract
Traditional economic theories stress the relevance of political, institutional, geographic, and historical factors for economic growth. In contrast, human-capital theories suggest that peoples’ competences, mediated by technological progress, are the deciding factor in a nation’s wealth. Using three large-scale assessments, we calculated cognitive-competence sums for the mean and for upper- and lower-level groups for 90 countries and compared the influence of each group’s intellectual ability on gross
domestic product. In our cross-national analyses, we applied different statistical methods (path analyses, bootstrapping) and measures developed by different research groups to various country samples and historical periods. Our results underscore the decisive relevance of cognitive ability—particularly of an intellectual class with high cognitive ability and accomplishments in science, technology, engineering, and math—for national wealth. Furthermore, this group’s cognitive ability predicts the quality of economic and political institutions, which further determines the economic affluence of the nation. Cognitive resources enable the evolution of capitalism and the rise of wealth.
Hopefully some interesting bits of information extracted from science and non-fiction literature. (For historical reasons there are some poems scattered throughout this blog.) Sachthemen und Sachtexte. (Historisch finden sich auf diesem Blog auch einige Gedichte und Aphorismen.) [Just collecting some exciting bits of information here.] [Eine Sammlung von interessanten Texten, Fragen und Antworten will das hier sein. Nicht mehr, aber auch nicht weniger.]
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