But money is the root of all evil!
Jul. 29th, 2004 07:26 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
novapsycheFear of hell makes us richer
Researchers say, all else being equal, belief in eternal damnation reduces corruption, strengthens the rules of law and raises per capita income.
[...] The St Louis Fed's researchers took a two-step approach to linking religion and the economy.
"A belief in hell tends to mean less corruption and less corruption tends to mean a higher per capita income," they wrote. It correlated the belief in hell findings of the World Value Series with a measure of corruption produced by Transparency International.
It then looked at the relationship between corruption and per capita gross domestic product and found "a strong tendency for countries with relatively low levels of corruption to have relatively high levels of per capita GDP."
"Combining these two stories ... suggests that, all else being equal, the more religious a country, the less corruption it will have and the higher its per capita income will be."
Researchers say, all else being equal, belief in eternal damnation reduces corruption, strengthens the rules of law and raises per capita income.
[...] The St Louis Fed's researchers took a two-step approach to linking religion and the economy.
"A belief in hell tends to mean less corruption and less corruption tends to mean a higher per capita income," they wrote. It correlated the belief in hell findings of the World Value Series with a measure of corruption produced by Transparency International.
It then looked at the relationship between corruption and per capita gross domestic product and found "a strong tendency for countries with relatively low levels of corruption to have relatively high levels of per capita GDP."
"Combining these two stories ... suggests that, all else being equal, the more religious a country, the less corruption it will have and the higher its per capita income will be."
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Date: 2004-07-29 06:24 pm (UTC)