Thursday, June 12, 2014

Jus nex to da licka stowe

Sober, meticulously-marshaled evidence and a quick turn of phrase are simultaneously on display at TWCS. Regarding the latter, M.G. describes the IMF as the "international equivalent of a payday loan place". (One quibble--the payday loan business is actually a fairly profitable one).

The meat of the post spurred me to run some numbers and discover a boringly predictable result. The inverse correlation between a nation's estimated average IQ and its commercial bank prime lending rate--described by the CIA World Factbook as "a simple average of annualized interest rates commercial banks charge on new loans, denominated in the national currency, to their most credit-worthy customers"--is a statistically significant, vigorous .69 (p-value = .0000000000004). Just as the more intelligent the person, the more likely he is to pay back what he owes, so the more intelligent the population, the more reliable they tend to be when it comes to making good on what they've borrowed. It's almost as though the characteristics of a nation have something to do with the characteristics of the people who populate it.

Better not go any further with that line of reasoning, though--the Cathedral and its inquisitors are surely on heightened alert after insurgents got their hands on one of the Cathedral's most prized 'opposition' marionettes.

1 comment:

Anonymous said...

Marionettes. That's funny.