Acton Institute Powerblog Archives

Post Tagged 'statistics'

The reason America’s poor are richer than most Europeans

The U.S. has diverged from the OECD approach to economic and energy issues that critics called this weekend’s G7 Summit the “G6-plus-one.” However, a new study shows America’s less regulated, less regimented economy has generated such abundance that the poorest 20 percent of Americans are more prosperous than the average European. Continue Reading...

Strong Opinions, Weak Statistics And Middle-Class Economics

Is the middle-class economically stagnant? And is “middle-class” a misnomer? Should we really be talking about the bottom of the economic pile? After all, isn’t the 1% controlling everything? Cato Institute Senior Fellow Alan Reynolds says the government’s claim of middle-class stagnation is based on faulty statistics. Continue Reading...

Google Minds the Gaps in Statistical Analysis

Google recently announced that it has purchased the Trendalyzer software from Gapminder, a Swedish non-profit (HT: Slashdot). Trendalyzer is the brain-child of professor Hans Rosling, who was lecturing on international development “when it struck him that statistics were an underexploited resource, often presented in an incomprehensible fashion. Continue Reading...