Countries that speak fewer languages are more prosperous

A new paper "reaches the conclusion that less linguistically diverse countries tend to prosper," according to The Economist. The magazine cites the work of Bodo Steiner and Cong Wang, economists at the University of Southern Denmark, who explored the relationship between linguistic fragmentation and social capital in countries. Social capital is kind of a sticky term, but the Harvard Kennedy School defines it as such: The central premise of social capital is that social networks have value. Soci...