« Blog navel gazing | Gene Expression Front Page | Will be in Portland, OR »
September 24, 2003

God makes you rich

ParaPundit points me to this interesting but uninsightfull article on the relationship between religion & wealth. Ah, the life of a sociologist....

Posted by razib at 03:24 PM

Fix your second link. It is busted.

Posted by: Randall Parker at September 24, 2003 04:09 PM

Neat! Keister is a blockhead, but as you say some of the data is interesting. This caught my eye:

Jewish people stood out in a third trajectory in which people invest early in life in high-risk, high-return assets such as stocks and bonds and build wealth quickly while putting less emphasis on homeownership. About one-third of Jews followed this path, compared to no conservative Protestants, 7 percent of mainline Protestants and 4 percent of Catholics.

Now, describing bonds as high-risk, high-return is stupid. But the interesting thing to me is that this is the sort of thing you might expect from a people who have historically been merchants and traders: less emphasis on land (home) ownership, more on building portable wealth.

Posted by: bbartlog at September 25, 2003 07:01 AM

also, many jews live in urban areas where buying a house when you're young is kind of difficult since they are so pricey.... (i suspect north dakota lutherans have high home ownership rates)

Posted by: razib at September 25, 2003 01:09 PM

True. In fact now that I think about it the jewish population of NYC alone probably accounts for a significant portion of the variation.

Posted by: bbartlog at September 26, 2003 07:33 AM