It seems that many have been attracted to Austro-libertarianism through Ron Paul and may encounter ideas they find radical or extreme, even if they are believers in the free market. Whether you are new to Austro-libertarianism or not, I highly recommend these lectures by Walter Block. I listened to them when I began to learn [...]
Unintended consequences anyone?
Check out the relationship between GDP Density and satellite pictures of the earth at night. Pretty cool stuff. You can check out the interesting article here. (GDP density is calculated by “multiplying GDP per capita by the number of people per square kilometer. Basically GDP density is a measure of the total amount of economic [...]
The “Global Entrepreneurship Monitor 2008 Global Report“ and the “2008 World Bank Group Entrepreneurship Survey” have just been released, accompanied by downloadable data sets (at least the World Bank research). I haven’t read through these yet but playing around with this graphic is very cool. It reminds me of this TEDtalk presentation by Hans Rosling, also [...]
As a follow-up to my article on US healthcare: From The McKinsey Quarterly:
The High Cost of U.S. Health Care
As a general rule, the richer a country is, the more it spends per capita on health care. But the United States spends $650 billion more on health care than might be inferred from its wealth. The McKinsey [...]
I decided to post some additional charts from Shadowstats.com (see more here; previous post here).
From their website on unemployment:
The SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated “discouraged workers” defined away during the Clinton Administration added to the existing BLS estimates of level U-6 unemployment.
And, finally, GDP growth:
I learned about shadowstats.com, an excellent website, from a FEE lecture.
This CPI chart shows the govt calculation (red line), which uses the govt method from the 1990s, and the much higher (and more accurate) SGS Alternate (blue line), using the govt method from the 1980s. This is one of the reasons I wrote my Lewrockwell.com [...]
