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nomically free country in the world, has average per capita income of $85,370.
This data also sheds important and revealing light on the current hostilities taking place in the world, particularly in the Middle East.
Israel ranks number 41 out of the 165 countries in the Fraser economic freedom ranking, which puts it in the top quartile. Israel, per the IMF, has average per capita income of $53,370.
Iran has the third largest holding of oil reserves in the world, exceeded only by Saudi Arabia and Venezuela. Iran has oil reserves 2.6 times greater than those of Russia and 4.5 times greater than those of the United States.
Yet Iran’s per capita income is $5,310, only 10% that of Israel.
Why? Out of the 165 countries that the Fraser Institute ranks in economic freedom, Iran stands at 158. There is virtually no economic freedom in Iran. Look at some of the components of the lack of economic freedom in Iran: Its legal system is ranked 143 out of 165 in the world; its management of its national currency ranks 135 out of 165; and government regulation ranks 157 out of 165.
The bottom line is that Iran’s per capita income is 10% that of Israel’s because the Iranian regime simply steals the wealth of its citizens — both the natural wealth of its bountiful oil reserves and the wealth that comes from the creativity of a free people — to finance its treacherous ideology of murder and terror.
Hamas leader Yahya Sinwar, recently killed in Gaza, had reported wealth of $3 billion. Did this come from some creative hightech startup? Of course not. This is stolen wealth, much of it coming from Iran, financed on the backs of Iranian citizens.
In the video released by Israel showing Sinwar moving with his family into a tunnel in Gaza prior to the Oct. 7 attack on Israel, his wife is seen carrying a $32,000 Hermes Birkin handbag. Compared to the vast natural wealth of Iran, Israel’s wealth and prosperity comes almost entirely from the creativity and entrepreneurship from a population given vastly more economic freedom than Iranian citizens are granted.
If the average Iranian citizen was asked if they are happy losing tens of thousands of dollars in annual income so their government can finance death and terror, what do you think they would say?
How can it be that so much of the allegedly civilized world is so deeply confused, that good and evil are so profoundly obfuscated, that so many refuse to see what is going on?
Star Parker is president of the Center for Urban Renewal and Education and host of the weekly television show “Cure America with Star Parker.” Her recent book, “What Is the CURE for America?” is available now. To find out more about Star Parker and read features by other Creators Syndicate writers and cartoonists, visit the Creators Syndicate website at www.creators. com. COPYRIGHT 2024 CREATORS. COM