The Big Economic Story of Our Time, Brought to Us by Professor Hans Rosling’s Gapminder

1. To set the stage, first some true words from a master author:

“Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded–here and there, now and then–are the work of an extremely small minority, frequently despised, often condemned, and almost always opposed by all right-thinking people. Whenever this tiny minority is kept from creating, or (as sometimes happens) is driven out of a society, the people then slip back into abject poverty. This is known as ‘bad luck’.”

–Robert A. Heinlein

2. Now go read “Everything you need to know about the power of economic freedom in 3 charts” by James Pethokoukis

3. Then go play around with Gapminder and come to your own conclusions…

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Filed under China, Developing Nations, Economy, History

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