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Thursday, August 9, 2012

Buy you a new life

Moved by data rather than doctrine, Inductivist listed the percentages of respondents in the World Values Survey who said "wanting to get rich" sounded either "very much like me" or "like me" by country. Despite the putative obsession Americans have with money, the US ranks 41st out of 52 countries when it comes to (admitting to) really wanting the benjamins.

A cursory glance at the list is enough to see that the poorer, less desirable the place, the stronger the predilection of its population for wanting money is. If you have little to lose, might as well get rich or die trying! Quantifying it, the correlation between a country's purchasing power parity and the percentage of its population wanting to get rich is .68 (p = 0).

I hear Art Alexakis singing "I hate those people who love to tell you that money is the root of all that kills/They have never been poor, they have never had the joy of a welfare Christmas".

WVS variables used: V81(1-2)(3-6)

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