Tag: economics
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Oh Great Gatsby
Income inequality basically means that the wealth of a country, in this case, is unevenly distributed with most of it falling in the hands of a very few people or families. Think the era of, as the title alludes to, Gatsby and the 1920s before the Crash. Broadly speaking, a middle class requires a more…
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Riding the Rail to London?
Long time readers know by now that I advocate high-speed rail and similar transport infrastructure investment. The following screenshot was taken from a BBC News video about the Russian proposal to build an underground passenger/freight tunnel beneath the Bering Strait to connect eastern Siberia to Alaska. The video is not an infographic, strictly speaking, but…
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European Debt Crisis Explained
The European debt crisis affects all of us. Shares fall on the exchanges in Frankfurt, Paris and London and then ripple westward to New York before finally reaching Hong Kong and Tokyo. But does anyone understand actually understand who owes whom what? This interactive piece is yet another from the New York Times and is…
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The Northeast Passage
The Northeast Passage was supposed to be a shortcut to Asia from Europe through an open waterway in North America. Many tried to find the route. They failed. Because we have a mountain range running from the northernmost part of North America to the Isthmus of Darien where, perhaps desperate for the route, we dug the Panama…
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Surveying Sentiment
How do you feel about the economy? The New York Times has posted an interesting interactive visualisation detailing the sentiment expressed by participants—defaulting to the most recent 100—answering several questions on the state of the economy. As a survey, this is—and it is framed as such—an unscientific sampling of trending opinions of only those who…
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Less Pie for Fewer Less Fortunate Foreigners
Foreign aid is the ‘soft’ power of a country vis-a-vis the ‘hard’ power of military force. Think blankets with ‘from the USA’ during earthquake relief in Kashmir instead of Abrams tanks in Kandahar. Some also goes to building infrastructure and increasing the standard of living for those in emerging countries. If you boost the income,…
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The Greek Tragedy
The Euro…yeah, that pesky bugger and all of the complications it is causing for the European Union at the moment. In July, the BBC released this animation explaining the Greek debt crisis. It’s worth a check, though some of the graphics could use improvement…like the one using scaled buildings in a bar chart. Critically for…
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Back in the USSR
So, those of you a little bit older than me—not to date myself—probably remember the evil Reds of Soviet Russia. Some my age do as well. Younger than me, it’s probably all ancient history. And so for those of you who forget, the Union of Soviet Socialist Republics was, if I am to simplify, a…
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Credit Rating Distribution
A small graphic from the New York Times, this supports an article about the rarity of a credit rating of AAA in S&P 500 companies. I don’t quite know about the colour, nor do I know about the efficiency of using squares to represent the units that could be used in a bar chart, but…
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Useful Africa
Another rather recent infographic from Le Monde’s Philippe Rekacewicz is this, called Useful Africa. One of the key problems for African development is its lack of infrastructure. Here we see the proposed and under-construction projects that will hopefully raise Africa up from its current state. But the infrastructure is only as good as it is…