IQ and the Wealth of Nations is a book by psychologist Richard Lynn and political scientist Tatu Vanhanen. The authors argue that differences in national income ( in the form of per capita gross domestic product) are correlated with differences in the average national intelligence quotient ( IQ). They further argue that differences in average national IQs constitute one important factor.
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The Wealth of Nations an important work of economic and social theory by Adam Smith, published in 1776. In it he analysed the relationship between work and the production of a nation' s wealth. Wealth of an individual is defined as net worth, exposed as: wealth = assets − liabilities A broader definition of wealth, which is rarely used in the measurement of wealth inequality, also includes human capital. For example, the United Nations definition of inclusive wealth is a monetary measure which includes the sum of natural, human and physical is generally argued that the U. has a small social welfare system compared to other rich nations and far more poverty.