Surprisingly few billionaires in any of the 4 countries obtained their wealth through political connections. Founding a company seems to be still the path of great wealth even in Japan these days. Hong Kong is a financial centre so the large number of billionaires in its financial sector is no surprise.
Chinese, Hong Kong, Taiwanese and Japanese billionaires by source of wealth
24 Feb 2016 Leave a comment
in development economics, economic history, entrepreneurship, financial economics, growth miracles, industrial organisation, rentseeking, survivor principle Tags: billionaires, China, entrepreneurial alertness, Hong Kong, Japan, superstar wages, superstars, Taiwan
@RusselNorman Why 1.3 billion people without access to electricity can’t afford to divest from fossil fuels
20 Feb 2016 Leave a comment
in applied welfare economics, economics, energy economics, environmental economics, global warming, growth disasters, growth miracles Tags: fossil fuel disinvestment, Fossil Fuels, rational irrationality
How did India’s billionaires make their fortunes
17 Feb 2016 Leave a comment
in applied welfare economics, development economics, economic history, economics of regulation, entrepreneurship, growth disasters, growth miracles, industrial organisation Tags: billionaires, entrepreneurial alertness, India, superstars, top 1%
A decent number of India’s billionaires founded a company.
How did the Chinese billionaires make their money?
15 Feb 2016 Leave a comment
in applied price theory, development economics, economic history, entrepreneurship, growth miracles, human capital, industrial organisation, labour economics Tags: billionaires, China, entrepreneurial alertness, superstars, top 1%
@NewStatesman @WebbTrust prize-winning essay on inequality missed The Great Escape
13 Feb 2016 Leave a comment
in development economics, economic history, economics of media and culture, growth miracles Tags: capitalism and freedom, extreme poverty, global poverty, Leftover Left, rational irrationality, The Great Escape, The Great Fact, Twitter left
Source: How can growth reduce inequality?
When my father was born, 7 in 10 people lived in absolute poverty.
Today, it's 1 in 10! https://t.co/1Caqku3AY1—
Tim Fernholz (@TimFernholz) October 21, 2015
世界の所得分布、1988 → 2011年 ourworldindata.org/VisualHistoryO…
この間の世界の富裕分の殆どを中国で説明できそうだ。インドはあまり変わってない。 https://t.co/ygWYornmY8—
Spica (@Kelangdbn) October 19, 2015
There is widespread ignorance of The Great Escape
13 Feb 2016 Leave a comment
in development economics, economic history, growth miracles Tags: rational ignorance, rational rationality, The Great Escape
Chileans’ life expectancy is now higher than Americans’, while Venezuela’s still catching up
08 Feb 2016 1 Comment
in development economics, economic history, growth disasters, growth miracles, health economics Tags: Chile, life expectancies, The Great Escape, Venezuela
#TPPANoWay @oxfamNZ @GreenpeaceUSA The Effects of Globalization
07 Feb 2016 Leave a comment
in applied price theory, applied welfare economics, development economics, economic history, growth disasters, growth miracles, international economics, Marxist economics Tags: customs unions, expressive voting, free trade, Leftover Left, ODA, preferential trading agreements, rational ignorance, rational irrationality, The Great Escape, The Great Fact, TPA, TPPA, Twitter left, Tyler Cowen
Why Does 1% of History Have 99% of the Wealth? @Oxfam #TPPANoWay
06 Feb 2016 Leave a comment
in development economics, economic history, growth disasters, growth miracles, history of economic thought, international economics Tags: capitalism and freedom, free trade, global poverty, globalisation, industrial revolution, international technology diffusion, technology diffusion, The Great Enrichment, The Great Fact, TPPA
@OwenJones84 @K_Niemietz Venezuelan, Chilean and Chinese index of economic freedom rankings 2016
06 Feb 2016 Leave a comment
in development economics, economics of regulation, entrepreneurship, fiscal policy, growth disasters, growth miracles, industrial organisation, labour economics, law and economics, macroeconomics, monetary economics, property rights, public economics Tags: capitalism and freedom, Chile, China, The Great Escape, Venezuela
@OwenJones84 @K_Niemietz Ease of Doing Business in Latin America and the Caribbean – World Bank rankings
05 Feb 2016 Leave a comment
in development economics, economics of regulation, growth disasters, growth miracles, law and economics, property rights Tags: doing business, Venezuela
@OwenJones84 @K_Niemietz GDP per capita has not more than doubled @chavezcandanga
05 Feb 2016 Leave a comment
in development economics, economic history, growth disasters, growth miracles, Marxist economics Tags: Argentina, Chile, China, left-wing populism, Leftover Left, Oil prices, The Great Fact, Twitter left, Venezuela
Source: The Conference Board. 2015. The Conference Board Total Economy Database™, May 2015, http://www.conference-board.org/data/economydatabase/
Poverty’s development 1800-2015
05 Feb 2016 Leave a comment
in development economics, economic history, growth disasters, growth miracles, technological progress Tags: global poverty, industrial revolution, The Great Enrichment, The Great Escape, The Great Fact
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