10th November 2011
Simple truth: A bigger population makes people richer
For those in India who are DEEPLY confused about population (and are likely to remain so, given that our socialist education system has not taught them to think critically), here's a VERY SIMPLE table.
hope this at least raises a few questions in their mind, if not making clear the underlying dynamics of this reality.
Per capita income (USD)
(I've not verified this data but it is likely to be in this ball park.)
A stronger POSITIVE CORRELATION PERHAPS CANNOT BE FOUND IN THE SOCIAL SCIENCES.
If you break up this data by country you'll IMMEDIATELY realise that the level of freedom explains 90 per cent of the variability in income.
So what we are saying is that FREE PEOPLE become rich.
Here's a simple graph: