Fewer people live in poverty. Select "Web Infographics" for more like this: https://t.co/JpYmhch4jc #progress pic.twitter.com/gilDtl6ZWJ
— Human Progress (@HumanProgress) November 16, 2015
The global population by income
18 Nov 2015 Leave a comment
in development economics, economic history, growth miracles Tags: extreme poverty, global poverty, The Great Escape, The Great Fact
Deirdre McCloskey on Piketty, the Bourgeoisie Deal, the Bolshevik Deal, and the Bridal Deal
17 Nov 2015 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, development economics, economic history, economics of bureaucracy, growth disasters, growth miracles, Public Choice Tags: bourgeoisie deal, capitalism and freedom, Deirdre McCloskey, industrial revolution, The Great Enrichment, The Great Escape, The Great Fact, Thomas Piketty

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@HelenClarkUNDP @OxfamGB @GreenpeaceUSA support energy poverty in Africa
14 Nov 2015 1 Comment
in development economics, energy economics, environmental economics, growth disasters, growth miracles Tags: Africa, child poverty, energy poverty, extreme hunger, extreme poverty, global hunger, Greenpeace, Oxfam, The Great Escape
Philippine rankings for governance and business environment
12 Nov 2015 Leave a comment
in development economics Tags: doing business, The Philippines
@WorldBank wants to boost the agriculture sector!
11 Nov 2015 Leave a comment
in development economics, economics of bureaucracy, growth miracles
Capitalism does this every day! What do @Oxfam and @Greenpeace do?
10 Nov 2015 Leave a comment
in constitutional political economy, development economics, environmentalism, growth miracles, liberalism
What will it take to finish the “Last Mile” in ending extreme #poverty? brook.gs/1LiFT8E http://t.co/YxSZ36VCSW—
Brookings (@BrookingsInst) October 07, 2015
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
Facts about People Who Enjoy Eating Tasty Animals (PEETA)
10 Nov 2015 Leave a comment
in development economics, health economics Tags: economics of physiology, The Great Escape, The Great Fact, vagans, vegetarians
Breathing Beijing’s air
10 Nov 2015 Leave a comment
Breathing Beijing’s air: the equivalent of smoking nearly 40 cigarettes a day. http://t.co/7M3TxrgUPD—
ian bremmer (@ianbremmer) October 13, 2015
The Great Fact in 2 charts
10 Nov 2015 Leave a comment
in applied welfare economics, development economics, economic history, growth disasters, growth miracles Tags: China, India, The Great Escape, The Great Fact
He who is first is now last: real GDP per capita of the East Asian Tigers since 1950
05 Nov 2015 1 Comment
in development economics, economic history, growth miracles Tags: East Asian Tigers, Hong Kong, Japan, Singapore, South Korea, Taiwan
Japan has gone first to be last having been just overtaken in the last year or two by South Korea on a per capita real GDP basis, PPP. The Lost Decade certainly has taken its toll on Japanese relative prosperity. Singapore overtook Japan in the 1970s – a testament to the Singapore miracle. Hong Kong too overtook Japan on a purchasing power basis in the mid-1990s followed not long after by Taiwan. Singapore is seriously rich.
Source: The Conference Board. 2015. The Conference Board Total Economy Database™, May 2015, http://www.conference-board.org/data/economydatabase/
Robert Lucas on income redistribution and economic growth
05 Nov 2015 Leave a comment
in development economics, growth disasters, growth miracles, macroeconomics, Robert E. Lucas Tags: capitalism and freedom, industrial revolution, The Great Enrichment, The Great Escape, The Great Fact
Making one miracle: Philippine and South Korean real GDP per capita since 1950
05 Nov 2015 Leave a comment
in development economics, economic history, growth miracles Tags: South Korea, The Philippines
About 20 years ago, Robert Lucas reminded that in 1960 the Philippines and South Korea were at the same level of economic development. What followed for one was an economic miracle while the other the other grew at the same average pace as other developing countries is the central puzzle for the economics of economic growth.

Source: The Conference Board. 2015. The Conference Board Total Economy Database™, May 2015, http://www.conference-board.org/data/economydatabase/

Source: Robert E. Lucas Jr. “Making a Miracle” Econometrica (1993).
Chinese birth and death rates and the Chinese population since 1950
04 Nov 2015 Leave a comment
in development economics, growth disasters, growth miracles, labour economics, labour supply, population economics Tags: China, economics of fertility, one child policy, The fatal conceit, The pretense to knowledge, unintended consequences

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