International Journal of Social Science & Economic Research
Submit Paper

Title:
WEALTH IS ALL IN THE MIND

Authors:
Professor Dr. Dennis Ridley


Volume - 2 Issue - 5, Pages - 3369-3379

Abstract:
Capitalism (C), democracy (D) and rule of law (R) spawned the industrial revolution in England. Subsequently, the people of that country, its neighbors known as Western Europe, and their majority descendant United States of America (USA) who adopted the practice of CDR, have enjoyed unprecedented wealth as measured by purchasing power parity adjusted real per capita gross domestic product (GDP). The countries that have not adopted these practices have remained relatively poor. This disparity is independent of natural resources (N), government spending, country size, location, culture, physical characteristics and various beliefs commonly espoused.

Cite this Article:

[Ridley, Dennis, Prof.Dr. "WEALTH IS ALL IN THE MIND." International Journal of Social Science & Economic Research 3.5 (2017): 3369-379.]

Download Full Text