Income Inequality
The share of 1% richest people in total US household income doubled over the last 50 years. If we zoom we find even more extreme rises in the share of 0.1% and 0.01%.
The share of 1% richest people in total US household income doubled over the last 50 years. If we zoom we find even more extreme rises in the share of 0.1% and 0.01%.
Who benefited the most from globalisation in the last decade? Not only rich people in rich countries but also the middle class in middle-income countries. And who lost the most? Not only poor people in poor countries but also the middle class in rich countries.
Při pohledu dozadu se tok dějin zdá vysvětlitelný. Je pochopitelné, že průmyslová revoluce začala zrovna v Anglii. Je vysvětlitelné, proč velká hospodářská krize usnadnila nástup nacizmu v Německu. Je logické, že zdevastované evropské velmoci nemohly po válce udržet své koloniální panství. Je zřejmé, proč ropný šok vedl k energetické a ekonomické revoluci, která později pomohla uzbrojit Sovětský svaz. […]
One third of planetary boundaries have already been crossed according to some scientists. This concerns in particular to climate change and the loss of biodiversity.
The share of China, India and other emerging economies in the global middle class is projected to surpass 50% by the middle of the 21st century. The European Union and United States will shring to 10% of the global middle class consumption.
Good news: The number of countries which respect democracy and human rights has doubled over the last 50 years. Bad news: This trend is not universal and the freedom in the world has stagnated over the last decade.
There is a strong correlation between oil and food prices. One explanation of this “pass-through” is the rising share of biofuels in the energy mix.
At the peak of the Euro-Atlantic dominance over the world, the economic gravitational center was located near Iceland. Since then, it has been moving back east closer to the fast growing economies of China and India.
Lidská společnost po staletí podléhala přírodním zákonům a pojem rozvoje prakticky neznala. John a Mary žily koncem 18. století ve stejně nuzných podmínkách jako lidé ve starověku. Až průmyslová revoluce odstartovala do té doby nevídaný růst životní úrovně, který se ovšem týkal pouze Henryho a jeho souputníků v „západní“ části světa. Zbytek zůstával uvězněn v Malthusově […]
For millennia, human development has been regulated by the laws of nature. After the Industrial Revolution a part of the world has escaped from the Malthusian trap. Other parts are still catching-up.