January 24, 2007

Gapminder

Google produced yet another nice tool to illustrate presentations. Here you can find how life expectancy and GDP are related

January 19, 2007

iPod index

Following example of the Economist Big Max Index, widely used by economists after Rogoff (1995), one of Australia's biggest banks, the Commonwealth Bank has used the latest version of Apple's player -- the slimline Nano -- to compare global currencies and purchasing power in 26 countries. Read more…

Do lower oil prices mean the end of saving glut?

Brat Sester from RGE monitor does not agree with the article in WSJ: “I am not sure whether there is a global savings glut or a global drought in non-residential investment or a bit of both.  But I am quite confident that there is a savings glut in China. Savings seems to be above 50% of China’s GDP – which is nuts…” Read more