living standards – Kruse Kronicle

Calmly Considered: Global Living Conditions– Better or Worse?

Dec 22, 2021

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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…

A 200-Year Look At Automation And How It Has Improved Our Lives

Jan 21, 2014

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by

mwkruse

in Economic Development, Great Divergence, History, Human Progress, Social Media, Technology, Technology (Biotech & Health), Technology (Digital, Telecom, & Internet), Technology (Energy), Technology (Food & Water), Technology (Manufacturing & Construction)), Technology (Transportation & Distribution), Trends: Economic, Trends: Social

Economics Links

Sep 24, 2013

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by

mwkruse

in Capitalism and Markets, Economics, Globalization, Great Divergence, Human Progress, International Affairs, Links – Economics, South America, Trends: Economic, Trends: Social, Wealth and Income, Weatlh and Income Distribution

1. Did living standards improve during the Industrial Revolution? … So, while the Industrial Revolution ultimately led to big increases in wealth, progress was unsteady. For much of the period, the average person was not reaping the benefits of economic change. So much for wages. Other measures of standard of living should be considered. ……

31 Charts That Will Restore Your Faith In Humanity

May 22, 2013

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mwkruse

in Economic Development, Human Progress, Poverty, Technology, Trends: Economic, Trends: Social, Wealth and Income

Six years ago, I did a series on American Social Indicators, 2007, and another five years ago on World Social Indicators. I've been toying with doing an update of those series this year. But for now, here is an excellent piece at Business Insider highlighting some of my main points: 31 Charts That Will Restore…

Practically human: Can smart machines do your job?

Jan 24, 2013

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by

mwkruse

in Capitalism and Markets, Economics, Technology, Technology (Biotech & Health), Technology (Digital, Telecom, & Internet), Technology (Energy), Technology (Food & Water), Technology (Manufacturing & Construction)), Technology (Transportation & Distribution)

Associated Press: Practically human: Can smart machines do your job? … To better understand the impact of technology on jobs, The Associated Press analyzed employment data from 20 countries; and interviewed economists, technology experts, robot manufacturers, software developers, CEOs and workers who are competing with smarter machines. The AP found that almost all the jobs…

The Digital Story of the Nativity

Dec 24, 2012

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mwkruse

in Christian Life, General, Humor, Technology (Digital, Telecom, & Internet)

This thing is now two years old. I still love it.

Christmas holiday shopping 1962 vs. 2012

Dec 24, 2012

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by

mwkruse

in Economics, History

Economist Mark Perry has periodically made posts on his blog that contrast the relative real prices of items from decades ago to today's prices. The two graphics below are particularly interesting. (Christmas holiday shopping 1962 vs. 2012: the 'golden era' of prosperity for middle- and low-income Americans is today.) Here is the price of a…

Is the world getting better?

Mar 9, 2012

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by

mwkruse

in Christian Life, Demography, Ecclesia, Economic Development, Great Divergence, Human Progress, Politics, Public Policy, Sociology, Theology, Trends: Economic, Trends: Social

Dallas Morning News: Is the world getting better? Centre College professor Beau Weston operates an interesting blog, the Gruntled Center. He put up a post last week that draws from a lecture he recently gave at his Kentucky college. In the post and lecture, Weston, a Presbyterian, makes the argument that the world has gotten…

Prosperity for Today’s Teenagers Versus Their Grandparents

Aug 16, 2011

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by

mwkruse

in Economics, History, Trends: Economic, Wealth and Income

Carpe Diem: Young Americans: Luckiest Generation in History … In 1952, the minimum wage was $0.75 per hour (equivalent to $6.39 in today's dollars), and a full-time summer job at 40 hours per week for 12 weeks would have generated $360 in total summer earnings (ignoring taxes). Using retail prices from a 1952 Sears Christmas…

Three Cheers for the Cheapeners and Cost-Cutters

May 12, 2011

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by

mwkruse

in Business, Capitalism and Markets, Christian Life, Technology

Wall Street Journal: Three Cheers for the Cheapeners and Cost-Cutters … A feature of innovation is that the greatest impact of a new idea comes not when the light bulb goes on over the geek's head, but when the resulting technology eventually becomes cheap enough for many people to use—perhaps decades later. The first plane…

Tag: living standards