Author Topic: Nice graph of world economy ...  (Read 530 times)

Offline Baruch

Nice graph of world economy ...
« on: April 08, 2019, 01:45:44 PM »
https://www.visualcapitalist.com/80-trillion-world-economy-one-chart/

But that is just the money part.  What is the people part?

https://blog.adioma.com/what-7-billion-world-population-does-infographic/

That is much more interesting, because finance is a rubber band, its measurement is too flexible and ambiguous.  What is a GDP?  Does it say how well we live?
Ha’át’íísh baa naniná?
Azee’ ła’ish nanídį́į́h?
Táadoo ánít’iní.
What are you doing?
Are you taking any medications?
Don't do that.

Offline Cavebear

Re: Nice graph of world economy ...
« Reply #1 on: April 14, 2019, 05:04:41 AM »
https://www.visualcapitalist.com/80-trillion-world-economy-one-chart/

But that is just the money part.  What is the people part?


That is much more interesting, because finance is a rubber band, its measurement is too flexible and ambiguous.  What is a GDP?  Does it say how well we live?

I liked the first one.  It was quite informative.  The 2nd was no surprise to me.
Atheist born, atheist bred.  And when I die, atheist dead!

Offline Baruch

Re: Nice graph of world economy ...
« Reply #2 on: April 14, 2019, 05:16:52 AM »
Just shows you are more finance oriented, than people oriented ... for obvious reasons.

I think there is no real good metric for the usual suspects ... GDP, unemployment rate, inflation rate.

One guy once said ... he wanted to only hire one-arm economists.  Because otherwise they are constantly saying "on the one hand ... but on the other hand".
Ha’át’íísh baa naniná?
Azee’ ła’ish nanídį́į́h?
Táadoo ánít’iní.
What are you doing?
Are you taking any medications?
Don't do that.

Offline Cavebear

Re: Nice graph of world economy ...
« Reply #3 on: April 14, 2019, 06:49:45 AM »
Just shows you are more finance oriented, than people oriented ... for obvious reasons.

I think there is no real good metric for the usual suspects ... GDP, unemployment rate, inflation rate.

One guy once said ... he wanted to only hire one-arm economists.  Because otherwise they are constantly saying "on the one hand ... but on the other hand".

At the risk of being humorous, I generally say "on one paw..."  I like cats.  And the humerus is the "funny bone".  Double joke, if permitted...
Atheist born, atheist bred.  And when I die, atheist dead!