Economic Development – Kruse Kronicle

Calmly Considered: Global Living Conditions– Better or Worse?

Dec 22, 2021

—

by

in Calmly Considered Podcast Video, Demography, Economic Development, Economics, Globalization, Sociology, Trends: Economic, Trends: Social, Weatlh and Income Distribution

Are global living conditions getting better or worse? There are three simultaneous truths: Living conditions are awful for a great many. Living conditions are better than they ever have been, by far. Living conditions can be improved and the trajectory is in a positive direction. Join Allen Bevere and me as we calmly consider global…

The Future of Black-Owned Enterprises

Nov 18, 2021

—

by

mwkruse

in Business, Economic Development, Race, Sociology, Trends: Economic

The rate of Black entrepreneurship has always been lower than for other communities due to systemic and overt racism over past generations. This CNBC piece does a good job explaining the ongoing obstacles faced by Black-owned enterprises.

The World Is Becoming A Better Place To Live For Most People

Jul 23, 2021

—

by

mwkruse

in Demography, Economic Development, Great Divergence, Human Progress, Trends: Economic, Trends: Social, Wealth and Income, Weatlh and Income Distribution

The great majority of people throughout most of human history have precariously been able to subsist. (See Level 1 below.) A great divergence began just over two centuries ago. Global life expectancy at birth has more than doubled, and abject poverty as a percentage of the population has declined. The average life expectancy at birth…

Globalization. Its Passing Has Been Greatly Exaggerated

Mar 11, 2021

—

by

mwkruse

in Demography, Economic Development, Globalization, Trends: Economic

From researchers Steven A. Altman and Phillip Bastian: Despite recent trade turbulence, the ratio of gross exports to world GDP is still remarkably close to its all-time high. Even after falling from a peak of 32% in 2008 to 29% in 2019, this measure of global trade integration is still 20% higher than it was…

How to Increase Intergenerational Mobility

Mar 9, 2021

—

by

mwkruse

in Economic Development, Poverty, Public Policy, Wealth and Income, Weatlh and Income Distribution

Intergenerational mobility is low in the US. Economist Timothy Taylor discusses findings from a recent study investigating how we might make improvements: Intergenerational Mobility and Neighborhood Effects. The unique study incorporates 20.5 million Americans and enables them to analyze down to the city block level. The study determined that neighborhood (.5 mile radius around…

Maternal Mortality Rates Are 27 Times Higher Globally Than In Europe. Why That Is A Good Thing

Oct 16, 2019

—

by

mwkruse

in Demography, Economic Development, Globalization, Great Divergence, Health and Medicine, Human Progress, Trends: Social

The chart below is based on maternal mortality rates, the number of women per 100,000 who die from pregnancy-related causes in a year. The first bar shows how many women die each year, while the second bar shows how many would die if they had Europe's living standards. What conclusions would you draw? The global…

Global Childhood Deaths In Steep Decline

Aug 9, 2019

—

by

mwkruse

in Demography, Economic Development, Great Divergence, Health and Medicine, Human Progress, Trends: Social

Worldwide, there were 12.6 million deaths of children under five in 1990. As of 2017, there were 5.4 million. Keep in mind that the world population grew by 50% during this time. Had death rates continued at the 1990 rate, there would have been about 19 million childhood deaths. (Where in the world are children…

Extreme Poverty is Vanishing. What Does That Mean in Practical Terms?

Mar 12, 2019

—

by

mwkruse

in Economic Development, Poverty, Trends: Economic, Trends: Social, Wealth and Income

Throughout human history, 90% of people have lived at a subsistence level – at or under what economists today call the extreme poverty line. Between 1820 and 1980, that percentage shrank by half to 44%. Between 1980 and 2005, it halved again to about 22%. During the next ten years, it has more than halved…

Democratic Socialism IS Socialism

Jan 8, 2019

—

by

mwkruse

in Capitalism and Markets, Economic Development, Economics, Politics, Socialism

This article, Here's the difference between a 'socialist' and a 'Democratic socialist' has been circulating as an explainer as to why "democratic socialism" is different from socialism. Democratic socialists merely believe the government should provide a range of services – like health care and education. People circulate this article as evidence that people who suggest…

World Social Indicators: Global Per Capita Income

Nov 21, 2017

—

by

mwkruse

in Economic Development, Great Divergence, Series: World Social Indicators 2017, Trends: Economic, Wealth and Income

We have seen that life expectancy has been improving all across the planet. It is one of the most important measures of well-being. Yet most people think of income when they think of prosperity. Rightly so. Income is correlated with other factors that allow us to move beyond surviving to thriving. Today's common refrain is…

Category: Economic Development