Rome Didn't Fall in A Day.

Objective Truth Exists, and is Accessible to Everyone.

All Human Problems can be Solved with Enough Knowledge, Wealth, Social Cooperation and Time.

Photo: Rusty Peak, Anchorage, Alaska


Thursday, December 30, 2010

Oil Consumption and Productivity

Plotting GDP per capita versus oil consumption per capita shows how much wealth is being created in different countries, and the efficiency with which they do so.   It is interesting that almost all countries plot below an "efficient frontier" indicating a ratio of productivity to oil use.   Despite major efforts in some countries (think about the number of bicycles in Holland) few countries are more than marginally more efficient at using energy than the United States.

Wednesday, December 15, 2010

Corruption vs. Per Capita GDP

Transparency International publishes a corruption index, quantifying the badness in every country.  Plotting against Per-Capita GDP shows that corruption in society, or conversely, integrity, is one of the main factors determining the wealth of an economy.   I will be waiting by the telephone for the Nobel Prize in Economics.