Digital devices are taking over the day
20 Mar 2015 Leave a comment
in economics of media and culture, industrial organisation, survivor principle Tags: creative destruction, network industries, The Great Enrichment
Down and out in America in 2005 – Air Conditioning, Cable TV, and an Xbox
17 Mar 2015 Leave a comment
in politics - USA, population economics, poverty and inequality Tags: living standards, poverty and inequality, The Great Enrichment
For decades, the U.S. Census Bureau has reported that over 30 million Americans were living in “poverty,” but the bureau’s definition of poverty differs widely from that held by most Americans.
In fact, other government surveys show that most of the persons whom the government defines as “in poverty” are not poor in any ordinary sense of the term. The overwhelming majority of the poor have air conditioning, cable TV, and a host of other modern amenities. They are well housed, have an adequate and reasonably steady supply of food, and have met their other basic needs, including medical care.
Some poor Americans do experience significant hardships, including temporary food shortages or inadequate housing, but these individuals are a minority within the overall poverty population.
Trends in DNA Sequencing Costs
14 Mar 2015 Leave a comment
in entrepreneurship, health economics Tags: creative destruction, innovation, Moore's law, The Great Enrichment, The Great Escape

via DNA Sequencing Costs.
The difference between 2000 and 2015 in one image
09 Mar 2015 Leave a comment
in economic history, technological progress Tags: The Great Enrichment
The difference between 2000 and 2015 in one image. http://t.co/FJKP6XylLA—
Benedict Evans (@BenedictEvans) March 05, 2015
Why do the poor in America live in bigger houses than the European middle class?
08 Mar 2015 Leave a comment
in politics - USA, poverty and inequality Tags: Euroland, living standards, The Great Enrichment
Capitalism and the abolition of extreme poverty – mobile phones addition
07 Mar 2015 Leave a comment
Charts showing there’s never been a better time to own a car
06 Mar 2015 Leave a comment
in population economics, technological progress, transport economics Tags: the good old days, The Great Enrichment







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