(Guest Post by Matthew Ladner)
Interesting chart from Real Clear Markets. Think we may need to reign in DC a bit?
Jay P. Greene's Blog
With Help From Some Friends
(Guest Post by Matthew Ladner)
Interesting chart from Real Clear Markets. Think we may need to reign in DC a bit?
This entry was posted on Saturday, January 16th, 2010 at 10:09 am and is filed under economics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
Jay P. Greene's Blog
Not at all! Clearly rather than demanding less government, these data indicate we should demand that the government continue expanding until it’s the size of the government of Luxembourg!
Sweden’s moved up a couple of notches. It used to be just below Alabama.
Clearly Alabama needs to adopt Sweeden’s universal school voucher policy!
That part of the list…Alabama, Germany, United Kingdom, Finland…is just hilarious.
I remember reading a story in a British newspaper about young Brits moving to Hong Kong for jobs. In the 1970s there was an article written titled “WHO’S THE COOLIE NOW?”
Look at the scale of the differences. Twice as high in Nebraska as Portugal.
Matt,
The table has France beating Arkansas. There are two problems with that. First, the per-capita GDP of Arkansas is listed as $400 HIGHER than the average for France. Second, who would believe that the French could defeat anyone?
Good spot- might be a typo.
All,
Isn’t GDP per capita screwed up for D.C. because it’s a heavy commuter area? A lot of people who contribute to the GDP of the district don’t live in the district, leading to a higher GDP and a lower per capita. There’s probably some of that effect for Luxembourg as well.