Economic growth, standard of living and poverty
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Richard Easterlin on happiness and well-being | tutor2u Economics

Richard Easterlin on happiness and well-being  | tutor2u Economics | Economic growth, standard of living and poverty | Scoop.it
An article from Richard Easterlin on the importance of well-being and happiness for policy-makers
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More on happiness economics
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What the 21st century can learn from the 1929 crash | Larry Elliott

What the 21st century can learn from the 1929 crash | Larry Elliott | Economic growth, standard of living and poverty | Scoop.it
It was the biggest setback to the global economy since the dawn of the modern industrial age. But did the world’s reaction worsen the effects of the 1929 Crash? And have we learned from those mistakes?
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Two economists have developed a new measure that could be an improvement on GDP

Two economists have developed a new measure that could be an improvement on GDP | Economic growth, standard of living and poverty | Scoop.it
A paper by economists Charles Jones and Peter Klenow of Stanford University develops a new measure of economic welfare that moves beyond GDP.
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UK economic growth confirmed at 0.6% in second quarter

UK economic growth confirmed at 0.6% in second quarter | Economic growth, standard of living and poverty | Scoop.it
April to June figures included data for a short period after the EU referendum on 23 June
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Lots on household spending here - a key Year 1 A Level topic
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Extreme Inequality Is Not Driven by Merit, but by Rent-Seeking and Luck - Evonomics

Extreme Inequality Is Not Driven by Merit, but by Rent-Seeking and Luck - Evonomics | Economic growth, standard of living and poverty | Scoop.it
Debunking the meritocratic argument on its own terms
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Why we need to complement, rather than replace, GDP

Why we need to complement, rather than replace, GDP | Economic growth, standard of living and poverty | Scoop.it
While we recognize the historical rationale of GDP and its unintentional shortcomings, it's time for an alternative.
Mr Christopher's insight:
Great critique of GDP as an indicator of welfare but also why it's been useful... to a certain extent
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For richer, for poorer

For richer, for poorer | Economic growth, standard of living and poverty | Scoop.it
Authoritative weekly newspaper focusing on international politics and business news and opinion.
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According to the “Kuznets curve”, inequality rises in the early stages of industrialisation as people leave the land, become more productive and earn more in factories. Once industrialisation is complete and better-educated citizens demand redistribution from their government, it declines again. Until 1980 this prediction appeared to have been vindicated. But the past 30 years have put paid to the Kuznets curve, at least in advanced economies. These days the inverted U has turned into something closer to an italicised N, with the final stroke pointing menacingly upwards.
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Ep. 9: RECESSION | Lee Hirsch

Ep. 9: RECESSION | Lee Hirsch CHECK US OUT: http://www.wetheeconomy.com What causes a recession? Choreographed by Pilobolus dance company and narrated by eco...
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Keeping up with the Karumes

Keeping up with the Karumes | Economic growth, standard of living and poverty | Scoop.it
A new study shows that money can buy you happiness—but only fleetingly, at others’ expense
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Joseph Stiglitz: It’s Time to Get Radical on Inequality - YouTube

America’s economic system has failed by not raising living standards for most. Nobel laureate Stiglitz, author of The Price of Inequality and The Great Divid...
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Trickle down economics is wrong, says IMF

Trickle down economics is wrong, says IMF | Economic growth, standard of living and poverty | Scoop.it
Another nail in the coffin of Reaganomics.
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The charts that show the true state of poverty in the UK

The charts that show the true state of poverty in the UK | Economic growth, standard of living and poverty | Scoop.it
The UK has 3.9 million people in "persistent poverty" according to a report released from the Office for National Statistics today.
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Is the Prime Minister right to say that inequality has gone down? - Resolution Foundation

Is the Prime Minister right to say that inequality has gone down? - Resolution Foundation | Economic growth, standard of living and poverty | Scoop.it
In the brave new world of ‘alternative facts’, it’s natural to take politicians’ claims with more than the usual dose of salt. That’s particularly true when rivals appear to take very different positions on verifiable points of fact. With the Prime Minister claiming yesterday that “inequality has gone down under this government” and Jeremy Corbyn … Continued
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Reality Check: Has inequality been getting worse? - BBC News

Reality Check: Has inequality been getting worse? - BBC News | Economic growth, standard of living and poverty | Scoop.it
Jeremy Corbyn says inequality has been getting worse, on the day official figures say the opposite.
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Why African cities don’t make their residents richer

Why African cities don’t make their residents richer | Economic growth, standard of living and poverty | Scoop.it
Urban growth in sub-Saharan Africa is wonky, badly managed and too fast
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The trouble with GDP

The trouble with GDP | Economic growth, standard of living and poverty | Scoop.it
Gross domestic product (GDP) is increasingly a poor measure of prosperity. It is not even a reliable gauge of production
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How Capitalism Actually Generates More Inequality - Evonomics

How Capitalism Actually Generates More Inequality - Evonomics | Economic growth, standard of living and poverty | Scoop.it
Why extending markets or increasing competition won't reduce inequality
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How to measure prosperity

How to measure prosperity | Economic growth, standard of living and poverty | Scoop.it
GDP is a bad gauge of material well-being. Time for a fresh approach
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Inequality: What can be done? review by Thomas Piketty in NYR

Inequality: What can be done? review by Thomas Piketty in NYR | Economic growth, standard of living and poverty | Scoop.it
I recently read another piece from the New York Review of Books - a review by Thomas Piketty (‘Capital in the Twenty-first Century’ fame) of the new book ‘Inequality: What can be done?’ by Anthony ...
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LSE Public lectures: GDP: a brief but affectionate history

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What does income inequality look like around the world? - Agenda - The World Economic Forum

What does income inequality look like around the world? - Agenda - The World Economic Forum | Economic growth, standard of living and poverty | Scoop.it
Mexico, Chile, the US and Turkey have the highest inequality among the OECD members, writes Elena Holodny.
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INEQUALITY ACROSS THE WORLD AND OVER TIME

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ECONOMISTS AND STATISTICIANS use Lorenz curves to estimate Gini coefficients in countries so that they can measure inequality in wealth, income, earnings (income from work in the form of salaries and wages), years of schooling, and other indicators of economic or social success.

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