Oh no!

Richard Lynn has an article on Intelligence and the Wealth and Poverty of Nations, take a look at Table 4: IQs for 185 countries:
National IQs Based on the Results of Intelligence Tests and Estimated National IQs (marked by *) Based on the IQs of Neighbouring or Other Comparable Countries.

Now Richard’s research was highly controversial last time I heard about it in conjunction with US racial profiling.

I haven’t read the whole article, but Australia ranks 21st out of 185. That sounds good except that we score 98. I thought 100 was average. So now you know why we like to wear thongs (flip-flops not g-strings for the foreigners reading this) – no shoe laces.

It does reinforce my argument that smart people have a harder time creating wealth. It is easier to just follow a simple formula.