If China had free elections there would likely be a Trump clone promising to get rid of all the unfair trade restrictions imposed by the United States. According to a study by Credit Suisse, the biggest protectionist country in the world is not China or Mexico as Donald Trump claims.
Friday, November 18, 2016
Monday, November 14, 2016
Election 2106 Votes by Segment
Being very datacentric, I thought this look at how voter turnout by segment affected the election was quite interesting. Contrary to what some expected, the "gender gap" did not help Hillary Clinton all that much. It's also pretty clear that Obama's reelection owed a lot to people who voted for him because of his race.
Wednesday, November 2, 2016
Growth and Productivity. Simple Math
The clueless (e.g. the media and politicians) keep asking why economic growth has remained slow. The answer is simple mathematics (which might explain their inability to understand it). More and more resources are being shifted away from sectors with high productivity into sectors with low productivity (e.g. government, education, and healthcare). These low productivity sectors are all ones that government subsidizes, so it should not be a surprise. Neither should the resulting slow growth be a surprise.
Subscribe to:
Posts (Atom)