The Great Enrichment | Utopia, you are standing in it!

Increase in real New Zealand household incomes since 1982 – before and after housing costs

07 Nov 2015 Leave a comment

by Jim Rose in economic history, politics - New Zealand Tags: housing affordability, living standards, RMA, The Great Enrichment

It is those below median household income that are suffering more from rising housing costs in New Zealand since 1982. Those on low incomes in particular have suffered the most.

Source: Bryan Perry, Household Incomes in New Zealand: trends in indicators of inequality and hardship 1982 to 2014 – Ministry of Social Development, Wellington (August 2015), Tables D3 and D4.

The data for the lowest decile is somewhat unreliable because there are so many implausibly low and zero incomes in that decile.

Robert Lucas on income redistribution and economic growth

05 Nov 2015 Leave a comment

by Jim Rose 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

https://twitter.com/MaxCRoser/status/661735370141356032

@BernieSanders @HillaryClinton an average American works 11% less than in 1950, but earns 246% more

05 Nov 2015 Leave a comment

by Jim Rose in economic history, politics - USA Tags: 2016 presidential elections, antimarket bias, good old days, Leftover Left, living standards, pessimism bias, rational ignorance, rational rationality, The Great Enrichment, Twitter left

https://twitter.com/humanprogress/status/653920576457830402

Productivity and real wages since 1955. [from Fernando Martin, FRB St. Louis] pic.twitter.com/iKAL5FVPCt

— David Andolfatto (@dandolfa) November 2, 2015

More on Down and Out in America

03 Nov 2015 Leave a comment

by Jim Rose in applied welfare economics, politics - USA Tags: living standards, The Great Enrichment

@Oxfam fewer people living in absolute poverty today than in 1820

29 Oct 2015 Leave a comment

by Jim Rose in economic history Tags: capitalism and freedom, extreme poverty, industrial revolution, Leftover Left, The Great Enrichment, The Great Escape, The Great Fact, Twitter left

There are fewer people living in absolute poverty today than there were in 1820. buff.ly/1OlOpX3 #progress http://t.co/LfC8I5gEE9—
HumanProgress.org (@humanprogress) October 07, 2015

The Great Escape and #vegetarianism

25 Oct 2015 Leave a comment

by Jim Rose in development economics, economic history, environmental economics, growth miracles, health economics, Public Choice, rentseeking Tags: expressive politics, The Great Enrichment, The Great Escape, The Great Fact, vegetarianism

Angus Deaton on slow growth as a force for distributional conflict

25 Oct 2015 Leave a comment

by Jim Rose in applied welfare economics, comparative institutional analysis, constitutional political economy, development economics, growth disasters, growth miracles, income redistribution, liberalism, Public Choice, rentseeking Tags: Angus Deaton, The Great Enrichment, The Great Escape, The Great Fact

Source: ‘Economic growth is the engine of the escape from poverty and material deprivation’ – economist and 2015 Nobel laureate Angus Deaton – AEI | Economics Blog » AEIdeas

RT @NaomiAKlein what’s changed since you left high school?

24 Oct 2015 Leave a comment

by Jim Rose in development economics, economic history, growth miracles, Marxist economics Tags: Bill Easterly, Leftover Left, Naomi Klein, The Great Enrichment, The Great Escape, The Great Fact

.@worldbankdata allows us to see how our world has changed since 1985 #BackToTheFuture https://t.co/8t5DZDMFfz—
DFID Stats (@DFID_Stats) October 21, 2015

Naomi Klein's acclaimed documentary, attacking environmentalism from the left, is a logical and factual disaster https://t.co/dFj1JEFfhf

— Jonathan Chait (@jonathanchait) October 23, 2015

No matter how you measure it, the news on global poverty is great. From @EconBizFin http://t.co/qKM6suo4YO—
William Easterly (@bill_easterly) October 15, 2015

Special 5pm premiere screening in Los Angeles tonight Q&A with @avilewis & @NaomiAKlein sundancecinemas.com http://t.co/Oi4oeKoQHB—
Changes Everything (@thischanges) October 16, 2015

@oxfamnz 80% of the world lived in extreme poverty when my father was born

23 Oct 2015 Leave a comment

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

Number living <$1.90/day in the 10 countries w/ largest extreme poor populations. using new @WorldBank #data @oxfam http://t.co/YQm8XSVpfK—
Nick Galasso (@vngalasso) October 19, 2015

The Global Middle Class Is Kind of Poor. Amazing graphic. buff.ly/1I5FDbz http://t.co/QB6maF7X2n—
Nick Galasso (@vngalasso) July 16, 2015

And people say I'm pessimistic! Is this the most important graph on the economic history of the world? HT @MaxCRoser http://t.co/pawcLOSadv—
Nick Galasso (@vngalasso) June 22, 2015

.@TheEconomist Great graph! Global #inequality to fall; what about within country #inequality? buff.ly/1c74E95 http://t.co/QTufMdR4om—
Nick Galasso (@vngalasso) May 21, 2015

Inequality has actually been falling in a lot of the world … but not in the U.S. washingtonpost.com/news/wonkblog/… https://t.co/VjnO8D6RQQ—
Matt O'Brien (@ObsoleteDogma) October 22, 2015

Image by Jim Rose

@GreenpeaceNZ @NZGreens energy poverty and extreme poverty

08 Oct 2015 Leave a comment

Image by Jim Rose

@oxfamnz still more mass kidnappings of #ODA & #Occupy activists

05 Oct 2015 Leave a comment

by Jim Rose in development economics, economic history, growth disasters, growth miracles Tags: capitalism and freedom, ODA, The Great Enrichment, The Great Escape, The Great Fact

Why are they not dancing in the streets on the news today that extreme poverty has fallen below 10% of the world’s population for the first time ever.

The only possible explanation is these principled activists for the cause of the poor and oppressed not celebrating the latest achievements of capitalism and freedom is they have been kidnapped by nefarious forces.

In just 15 years, extreme poverty has been halved. In the next 15, it could be gone! We WON'T live with poverty. pic.twitter.com/JylcXGbjq5

— OxfamAmerica (@OxfamAmerica) September 30, 2015

We pray for their safe return so they can join the celebrations of The Great Fact and The Great Escape.

RT @oxfamnz @Oxfam what halved global poverty in 15 years? @NZGreens @RusselNorman @GreenpeaceNZ http://t.co/F3rebD7ziU

— Jim Rose (@JimRosenz) September 29, 2015

.@Worldbank: Est. 702M ppl living in #extremepoverty in 2015, down from 902M in 2012: wrld.bg/SZKfZ http://t.co/y6r1gVlciH—
World Bank (@WorldBank) October 05, 2015

Rising incomes helped bottom 40% of income earners in most countries over last 10 yrs -WBG: wrld.bg/SZM2M http://t.co/f9vdfA2htk—
World Bank (@WorldBank) October 05, 2015

How can we eradicate #poverty by 2030? @Winnie_Byanyima wef.ch/1QvSVPW #development http://t.co/reBsT24BU3—
World Economic Forum (@wef) September 24, 2015

My big poverty tracker shows the drop in % in extreme poverty since 1800. Trailer for tonight's BBC2 documentary. https://t.co/wvMT4IL3tg

— Remember H. Rosling (@HansRosling) September 23, 2015

Which are the poorest countries in the world? wef.ch/1RcYiVo #economics http://t.co/uK1BFlcZQb—
World Economic Forum (@wef) October 05, 2015

This chart shows one of humanity's greatest modern accomplishments vox.com/2015/8/13/9145… http://t.co/QSxzps2i3Z—
Vox (@voxdotcom) August 13, 2015

	SEZs as policy trial… on SEZs as policy trial area…
	patrelli68 on Bigger than Ben Hur
	Misuse of HDCA \| The… on Misuse of HDCA
	Gavin on Dachau Liberated
	Breaking: Major Unde… on Breaking: Major Under-the-Rada…

Utopia, you are standing in it!

Increase in real New Zealand household incomes since 1982 – before and after housing costs

Robert Lucas on income redistribution and economic growth

@BernieSanders @HillaryClinton an average American works 11% less than in 1950, but earns 246% more

More on Down and Out in America

@Oxfam fewer people living in absolute poverty today than in 1820

The Great Escape and #vegetarianism

Angus Deaton on slow growth as a force for distributional conflict

RT @NaomiAKlein what’s changed since you left high school?

@oxfamnz 80% of the world lived in extreme poverty when my father was born

@GreenpeaceNZ @NZGreens energy poverty and extreme poverty

@oxfamnz still more mass kidnappings of #ODA & #Occupy activists

The Great Era of Global Development: Steve Radelet

Economic liberty and human flourishing: A discussion with Deirdre McCloskey, Susan Shell, and Yuval Levin

Bono – Capitalism Reduces Poverty

Deirdre McCloskey on Bourgeois Equality: How Ideas, Not Capital, Changed the World

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