Japanese and Korean growth in the size of government seems to validate Directors’ Law. Government get bigger after countries become rich.
Data extracted on 23 Feb 2016 07:08 UTC (GMT) from OECD.Stat.
Japanese, Korean and US tax revenues as a % of GDP since 1965
02 Mar 2016 Leave a comment
in development economics, economic history, growth miracles, public economics Tags: growth of government, Japan, size of government, South Korea
Extreme poverty was halved between 1990 and 2010
02 Mar 2016 Leave a comment
in development economics, economic history, growth disasters, growth miracles Tags: extreme poverty, global poverty, The Great Escape
Japanese, Korean and US general government expenditure as a % of GDP since 1960
02 Mar 2016 Leave a comment
in development economics, economic history, growth miracles, Public Choice, public economics Tags: growth of government, Japan, size of government, South Korea
A fragile state lists from DFID
29 Feb 2016 Leave a comment
in constitutional political economy, development economics, growth disasters, Public Choice, rentseeking Tags: failed states
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
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.
Few vegetarians are vegetarians by choice
22 Feb 2016 Leave a comment
in development economics, health economics
@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
Digital technologies spread faster than sanitation in low and middle income countries.
20 Feb 2016 Leave a comment
in development economics, economic history, health economics
Renewable energy is the biggest air pollution killer out there
18 Feb 2016 Leave a comment
in development economics, energy economics, environmental economics, health economics
Source: World Health Organisation.
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
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