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economics + (7)

Which countries match the GDP and population of ● Brazil's States? ● China's Provinces? ● India's States and Territories? [more inside]
posted by Winnemac on Sep 5, 2011 - 11 comments

There may be $2 trillion sitting on the balance sheets of American corporations globally, but firms show no signs of wanting to spend it in order to hire workers at home, however much Washington might hope they will.

Time magazine outlines five common destructive myths about how to stimulate U.S. Growth.
posted by AndrewKemendo on Jul 16, 2011 - 42 comments

Ten Charts that Prove the United States Is a Low-Tax Country from the Center for American Progress.
posted by blue_beetle on Jun 11, 2011 - 70 comments

IMF bombshell: Age of America nears end. According to the latest IMF official forecasts, China’s economy will surpass that of America in real terms in 2016 — just five years from now. [more inside]
posted by three blind mice on Apr 26, 2011 - 160 comments

Which countries match the GDP and population of America's states?
posted by jjray on Jan 14, 2011 - 46 comments

SEED Magazine: Wealth of Nations: "Shared natural resources underpin the global economy, but our current economic system does not acknowledge their worth. Can a major new effort to assess the costs of biodiversity loss force a paradigm shift in what we value?" [more inside]
posted by zarq on Nov 30, 2010 - 10 comments

Moving beyond GDP for an information-based society - If indeed^[1,2] "A 'Quantum Leap' in Governance" is needed^[3] then, as part of the solution,^[4] we might start looking past GDP^[5,6] and perhaps more toward "betterness instead of business, pursue awesomeness instead of innovation — and maximize good, instead of quarterly profits..." [more inside]
posted by kliuless on May 16, 2010 - 29 comments

Our Phony Economy. [more inside]
posted by chunking express on Aug 12, 2008 - 102 comments

"Hard Numbers: The Economy is Worse than You Know" [full article for Harper's subscribers, a different abridged version] discusses how the Consumer Price Index and other US economic statistics have been manipulated over time. Among other things, the article claims, these changes make Social Security checks 70% lower than they would otherwise be. [more inside]
posted by salvia on May 5, 2008 - 73 comments

The Happy Planet Index presents an alternative to GDP for measuring standard of living. It ranks countries by measuring life expectancy and self-reported life satisfaction against an "ecological footprint" needed to support that country's lifestyle. The press release claims that well-being is not based on high levels of consumption, but many don't agree. Full report in PDF here. Vanuatu tops the charts, while Zimbabwe and Swaziland lie at bottom. Critiques here, here, here, and here. A critique of happiness indices generally here.
posted by shivohum on Jun 3, 2007 - 19 comments

GDP per square kilometer (jpg), via.
posted by jonson on Jan 13, 2007 - 31 comments

Is the U.S. Bankrupt? [332Kb PDF] Laurence Kotlikoff, writing in this month's Federal Reserve Bank of St. Louis Review, says "yes" - to the tune of $66 trillion! [more inside]
posted by ikkyu2 on Jul 16, 2006 - 67 comments

How happy are you? Today's NYT has a great article on alternate methods of analyzing the overall well-being of a country, focusing on Bhutan, the largely Buddhist country whose king put forth an alternative to the capitalist-centric Gross Domestic Product: Gross National Happiness. Not only does it fit in with Buddhist ideals, but organizations like the World Values Survey have come to some (not-so) surprising findings regarding the correlation between wealth and happiness. There are similar movements cropping up around the world, such as Australia's Genuine Progress Indicator, which attempts to quantify non-material progress rather than rely on subjective interpretations of happiness. How do you measure your own happiness?
posted by mkultra on Oct 4, 2005 - 49 comments

Game Theories: Are these virtual worlds the best place to study the real one? The Gross National Product of EverQuest, measured by how much wealth all the players together created in a single year inside the game. It turned out to be $2,266 U.S. per capita. By World Bank rankings, that made EverQuest richer than India, Bulgaria, or China, and nearly as wealthy as Russia. (by Clive Thompson)
posted by hoder on May 17, 2004 - 11 comments

Vive la California! France passed by California in rankings of world economies.
posted by msacheson on Jun 15, 2001 - 21 comments