The grass is greener |

The grass is greener

Will income per capita increase as population density per square mile increases? I am neither a statistician, nor a demographer; nonetheless, to answer the question, statistics from 221 countries and territories were used. Surprisingly, I found no relationship between the two variables: income per capita and population density per square mile, signified by a Greek character “Rho” being equal to 0.048-when “Rho” is close either to Ð-.00, or to 1.00 a strong, or a perfect relationship exists.

Since no relationship between income per capita and population density per square mile exists, the creation of wealth depends not on where you live, but on how goods and services are distributed. A persistent bias toward a free market economy tells me the following four rights help: 1) The right to own private property; 2) The right to own a business and to keep all the profits; 3) The right to compete against whomever you wish; 4) The right to choose from whom you buy, and to whom you sell.

The wealthiest country in the world in terms of income per capita is the Vatican at $204,070.00.

Kristopher Finstad

Grass Valley

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