Showing posts with label production. Show all posts
Showing posts with label production. Show all posts

Saturday, January 11, 2025

GDP Per Capita in the E.U. and U.S.: Changing Perceptions

Historically speaking, the E.U. and U.S. are relatively large in territorial expanse and population, so it is only to be expected that significant economic (and cultural) differences exist from state to state in the respective unions of states. In Europe, some medieval kingdoms have relegated to being but regions in E.U. states. Holland, for instance, is a region in The Netherlands, which in turn is a E.U. state. The same can be said of Bavaria (and England, were the United Kingdom still a E.U. state). To compare the economic inequality in such a region with the inequality in the E.U. (or U.S.) over all would be deeply misleading. For example, rural/urban economic patterns that pertain to an economy containing one major city do not translate into the multiple rural/urban patterns that exist in a modern (empire-scale) union of states. In short, scale matters, especially in how we make use of mathematical averages.  Comparing GDP per capita is a case in point; states should be compared with states.


The full essay is at "GDP Per Capita in the E.U. and U.S."

Sunday, January 3, 2016

On the Key Role of Energy in the Industrial Revolution

Reading from Peter Stearns' "The Industrial Revolution in World History," I'm intrigued with the twin elements of fossil fuels to power the machinery and organizational management to organize the production process, including the continued use of human energy/labor. I suppose Descartes' "mind-body" dualism is getting in the way of my understanding of the industrial revolution from the standpoint of the leap of energy and the related increase in complexity. 

The full essay is at "Key Role of Energy."