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I like this post a lot and it contains a lot of great points and obsessions!
Fine Arts Portrait
Commented Apr 11, 2013 on Are Americans better off than the Dutch? at Dani Rodrik's weblog
Are Americans better off than the Dutch?
For a lot of questions, comparisons of per-capita GDP yield the correct answer to a first-order of approximation. For example, are Americans richer than the Chinese? A comparison of GDPs per capita, adjusted for PPP differences, yields an unambiguous answer in favor of the U.S. Yes, income may...
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Commented Apr 11, 2013 on Are Americans better off than the Dutch? at Dani Rodrik's weblog
Are Americans better off than the Dutch?
For a lot of questions, comparisons of per-capita GDP yield the correct answer to a first-order of approximation. For example, are Americans richer than the Chinese? A comparison of GDPs per capita, adjusted for PPP differences, yields an unambiguous answer in favor of the U.S. Yes, income may...
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Commented Apr 5, 2013 on Are Americans better off than the Dutch? at Dani Rodrik's weblog
Are Americans better off than the Dutch?
For a lot of questions, comparisons of per-capita GDP yield the correct answer to a first-order of approximation. For example, are Americans richer than the Chinese? A comparison of GDPs per capita, adjusted for PPP differences, yields an unambiguous answer in favor of the U.S. Yes, income may...
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