National Relative Wealth

I found a very interesting article about media bias in reporting on economic matters at Cato-at-Liberty. It points out the language choices made when talking about economic policies, and I highly recommend reading it. Far more interesting, however, is the study it links to.

EU vs. USA is a report comparing the wealth of EU countries to the 50 States. It shows that Sweden is poorer per capita that Alabama, and that most European countries would rank in the bottom 5 states. It is a large PDF, but an excellent read.