Why Are Some Countries Rich and Others Poor?

A short, excellent video on the contributing factors to poverty, growth and prosperity worldwide.

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Daniel J. Mitchell
On 7 July 2011 14:46

Here’s a new video, less than 2-1/2 minutes, pointing out some of the key differences between rich nations and poor nations. Not surprisingly, small government, free markets, and sound institutions are critical. 

I narrated a similar video (below), released more than two years ago, that makes similar points. The production values are not as high, but I had six minutes to play with, so it gave me an opportunity to elaborate on the various factors that contribute to growth. I think the videos are good complements.

 

 

And here's mine...

 

Daniel J. Mitchell is a Senior Fellow at the Cato Institute, the free-market, Washington D.C. think tank. This piece is cross-posted by agreement on his blog.

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