global income inequality – Kruse Kronicle

Global Inequality in Decline

Oct 21, 2015

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in Great Divergence, Trends: Economic, Weatlh and Income Distribution

This chart comes from Timothy Taylor's post, The Shifting World Distribution of Income. One notable thing I saw was that median annual income (measured in purchasing power parity dollars) doubled from 2003 to 2013. This chart suggests it will double again within about 20 years. Of course, the most obvious change is the collapse of…

Globalization and Inequality: Two Complex Decades in One Simple Graph

Jan 28, 2015

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mwkruse

in Globalization, Poverty, Trends: Economic, Wealth and Income, Weatlh and Income Distribution

Pew Research Center: Chart of the Week: How two decades of globalization have changed the world (Source: Milanovic, B., Lead Economist, World Bank Research Department, Global income inequality by the numbers. Annotations by James Plunkett.) I have seen the unannotated version of this graph several times, but the annotations really make things clear. The graph…

Reasons to Be Cheerful

Aug 19, 2014

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mwkruse

in Crime, Demography, Education, Environment, Great Divergence, Health and Medicine, Human Progress, Poverty, Trends: Economic, Trends: Social, Wealth and Income, Weatlh and Income Distribution

Matt Ridley: Reasons to Be Cheerful We are prone to fixate on problems and threats. The news concentrates on Ebola, the Middle East and Ukraine violence, and the discord in Ferguson, Missouri. But it is important to keep present challenges (and they are more decidedly real) in context. Matt Ridley offers twelve reasons to be…

World Bank: ‘The world has become more equal’

May 2, 2014

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mwkruse

in Economic Development, Poverty, Trends: Economic, Wealth and Income, Weatlh and Income Distribution

AEI – James Pethokoukis: World Bank: 'The world has become more equal' Lots of attention being given to a new World Bank study suggesting China may overtake the United States this year as the world's largest economy, adjusted for living costs. But this other World Bank finding, noted by the Financial Times, is also interesting:…

Economics Links

Mar 24, 2014

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mwkruse

in China, Economic Development, Environment, Globalization, Health and Medicine, International Affairs, Links – Economics, Poverty, Public Policy, Sociology, Trends: Economic, Wealth and Income, Weatlh and Income Distribution

1. AEI – James Pethokoukis: What MinuteClinics and Google Fiber teach about crony capitalism … Andy Kessler explains how established Internet service providers are trying to block Google from deploying Google Fiber, its superfast, gigabit broadband service. His solution: “The FCC can change this overnight. Instead of allowing municipalities to dictate onerous terms and laws…

Economics Links

Mar 5, 2014

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mwkruse

in Business, Capitalism and Markets, Economics, Environment, Europe, Gender and Sex, Globalization, Health and Medicine, Links – Economics, Poverty, Public Policy, Sociology, Trends: Economic, Wealth and Income, Weatlh and Income Distribution

1. Quartz: Globalization really means countries just trade with their neighbors 2. Business Insider: Europe's Share Of Global Profits Is At A 28-Year Low 3. USA Today: Europe widespread corruption 'breathtaking' … Meanwhile, the report, which was the first published by the EU to detail people's perceptions of corruption in the union, also said that…

50 Reasons We’re Living Through the Greatest Period in World History

Feb 21, 2014

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mwkruse

in Crime, Demography, Education, Environment, Great Divergence, Health and Medicine, Human Progress, Poverty, Public Policy, Race, Technology, Trends: Economic, Trends: Social, Wealth and Income, Weatlh and Income Distribution

Huff Post Business (The Motley Fool): 50 Reasons We're Living Through the Greatest Period in World History I recently talked to a doctor who retired after a 30-year career. I asked him how much medicine had changed during the three decades he practiced. "Oh, tremendously," he said. He listed off a dozen examples. Deaths from…

Worldwide Income Inequality Moves From Two Humps to One

Dec 19, 2013

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mwkruse

in Trends: Economic, Wealth and Income, Weatlh and Income Distribution

Economist Timothy Taylor always has interesting posts. Yesterday he posted Worldwide Income Inequality: From Two Humps to One. The world distribution of income 25 years ago had a large hump at the low end and a smaller hump at the high end. (If you go back another 20 years, these humps are even more pronounced.)…

Global Inequality is Decline

Nov 27, 2013

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mwkruse

in Poverty, Trends: Economic, Wealth and Income, Weatlh and Income Distribution

James Pethokoukis includes the following graph and commentary in his post Actually, global income inequality seems to be on the decline. As a follow-up to my blog post on the Pope Francis and his recent statement on economic inequality, here is what’s been happening on inequality globally. While inequality has increased within countries since 1970s…

Tag: global income inequality