Recent comments in /f/dataisbeautiful

ENG_87 t1_j1h8sep wrote

Progressive tax systems don't work if the people at the top don't pay tax.

The only way to become ultra rich is to have a boost, ie rich parents. If you try to do it the traditional way by working hard you earn less for every extra hour you work until there is no point working any more.

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clovek_ne_jezi_se OP t1_j1h82m1 wrote

Source:

https://www.rug.nl/ggdc/historicaldevelopment/maddison/releases/maddison-project-database-2020 (GDP) [1952-2018]

https://datasets.iisg.amsterdam/dataset.xhtml?persistentId=hdl:10622/SNETZV (population) [1960-2010]

Tool:

Python/matplotlib

The population data was available at 10 year increments from 1960 to 2010. Missing years between were interpolated and for 1952-1960 and 2010-2018 the first/last available number was used.

Edit: the x-axis are incorrectly marked. It should say "year" instead of "leto"

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urmomaisjabbathehutt t1_j1h7h3r wrote

You mean the rest of the economist are low paid working class?

your link what can cause inflation

mine refer to the actual result when they quantized for the effect of goverment spending

if you found that St lous federal reserve and st Francisco federal reserve studies have no merit, fine point to it

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ssatyd t1_j1h6vsx wrote

It's the "Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel", which has been created in the 70s, so it's not really the same as the other Nobel Prize categories that were conceived and funded by Alfred Nobel himself. I agree that It would be a bit weird to just add another category when those were clearly laid out in Nobel's will, hence i share the sentiment that there is no "true" Nobel prize in economics.

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l4stun1c0rn t1_j1h6odz wrote

You had homework? In College? Every single day? Jesus Christ. That sounds like a nightmare. Library had everything multiple times. If what you needed wasn't there, you could preorder. Or ask the library to buy things. Library has a certain budget each year where students could just express wishes and they would buy everything within the budget. Professors would even scan the important pages of their books and upload them in the course material folder.

1

AlexHanson007 t1_j1h6719 wrote

It's a comparison against others, not an independent and absolute rating. Assuming our sample population is not biased and is a fair reflection of society, then it does have to be normally distributed.

What this graph is saying is that, compared to others, most people are better at something. That's not possible. That would be like having a race and saying most people finished in 3rd place (assuming there aren't joint finishes).

As someone else pointed out, this is an example of the Lake Wobegon effect.

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