All posts tagged “economy

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The Elephant Graph

The following chart was created by Branko Milanovic (Visiting Presidential Professor, Graduate Center, City University of New York and Senior Scholar, Luxumberg Income Centre) and by Christoph Lakner (Economist in the Development Research Group at the World Bank. It is known as the “elephant graph” because,… Read More

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World after capital

Albert Wenger is currently in the process of writing a book called World After Capital. The book isn’t finished yet. It still exists in a crude rough draft form. But already he has made it freely available online. You’re also welcome to comment and contribute… Read More

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Should I stay or should I go?

I’m listening to The Foreign Desk this morning while I have my coffee. Steve Bloomfield is interviewing two different politicians: one who believes Britain should remain in the EU and one who believes Britain should leave the EU.  (Each interview is about 15 minutes short.)… Read More

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Marginal cost = 0

Earlier this week I wrote a post called: The pull from services to products. And in it I made mention of the fact that part of what’s driving this pull towards products is that the marginal cost of servicing additional users or customers is almost… Read More