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They actually have decent amounts of entrepreneurship relative to their populations, a higher average living standard than the US, longer life expectancy, far l
by Mikeb85 11y ago
They actually have decent amounts of entrepreneurship relative to their populations, a higher average living standard than the US, longer life expectancy, far less crime, all despite having nearly no resources. Oh, and more equality. But GDP/total wealth is all that matters, right?
And a little note on HDI (used to measure quality of life/human development) - its skewed in favour of the US because it measures average income, not taking into account the fact Americans pay extra for health care while Europeans include it in taxes/exclude it from income calculations. Even then several Euro states beat the US.