Monday, November 3, 2014

Luxembourg is only the 16th most prosperous country.


My Orchids. Phalaneopsis "Pale Performance". Photo ET























Luxembourg is only the 16th most prosperous country.

Unbeknownst to us, comes along another international evaluation of countries’ performances. This time it is alarming, because the “Legatum 2014 Prosperity Index” would like to see us number 16 only. It cannot be. It is the ultimate offense.

Dear Legatumators: We are number one for GNP per capita, we are the richest, we are number one in aid to the “developing” world, giving 1% of GNP. We have the biggest funds and the mostest banks. We are the biggest of the small countries. We'll get the most expensive Tramway. What are you talking about? Our feelings are hurt! Where did you go wrong?


Ah, OK, I see. You went fishing for variables that pull us down, such as entrepreneurship, education, governance and social capital. Next year we’ll be prepared. We got a new government.



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