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Tag Archives: GDP per capita
Why is the Middle Class Angry?
There’s little doubt that there’s a great amount of frustration and anger in our society. If I had to pick one graph that explains the anger and frustration, especially among the middle class, it would be the following graph depicting … Continue reading
Relationship between Tertiary Education and GDP per Capita
After reading “Chances of Countries Attaining an Above Median GDP Per Capita Based on Adult Literacy Rates” a friend asked if I had data on the relationship between tertiary education and GDP per capita. Yes, the World Development Indicators provide … Continue reading
Chances of Countries Attaining an Above Median GDP Per Capita Based on Adult Literacy Rates
After reading some research on poverty in developing countries I wondered about the adult critical mass in literacy it takes to advance a country’s chances of achieving an above median GDP per capita ($7,835) in the world. After downloading data from … Continue reading
Government Impact on Life Expectancy
Governments can do many things to promote or diminish life opportunities and, importantly, life expectancy. In this post I examine the impact of social contributions on life expectancy, controlling for the influence of economic prosperity, measured by a country’s GDP … Continue reading
Posted in Government, Health
Tagged countries, GDP per capita, government, life expectancy, regression, safety-net, social contributions, Social Security, World Bank
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Income Inequality Depresses Economic Prosperity and the Lesson from the Libro d’Oro
Alternate Title: It’s in Your Self-Interest to Lower Economic Inequality Income inequality is a serious issue of our times. One can certainly argue against income inequality from a moral or altruistic viewpoint but in this article I desire to share … Continue reading
What American Economic Decline?
By at least one measure the USA remains a vibrant economy. Despite acute and chronic economic problems the resiliency of the American economic system is incredible as the following figure depicts. There have been bumps in the road but log … Continue reading