How to Determine if Nation is Rich or Poor
Religion & Liberty Online

How to Determine if Nation is Rich or Poor

We know that some countries around the world are rich (e.g., the United State) and others are, relatively speaking, poor (such as Mexico). But not all poor countries are equally poor. Mexico, for instance, is wealthy compared to some African countries.

Knowing how to measure such differences can help us better grasp the relative well-being of people around the globe. In this video by Marginal Revolution University, economist Alex Tabarrok provides a simple tool for comparing relative wealth between nations.

Joe Carter

Joe Carter is a senior writer for The Gospel Coalition, author of The Life and Faith Field Guide for Parents, the editor of the NIV Lifehacks Bible, and coauthor of How to Argue Like Jesus: Learning Persuasion from History’s Greatest Communicator. He also serves as an associate pastor at McLean Bible Church in Arlington, Va.