Transparency: Currency: The Sinking Dollar, originally uploaded by GOOD Magazine.
Found via GOOD Magazine’s Infographics Now Archived on Flickr | FlowingData
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Archive for the 'United Kingdom' Category
Measuring Worth
US/UK econ & population series from 1700s. UK Gold, Earnings and Retail prices back to 1260s.
This site lets you graph data and calculate Annualized Growth Rates for various time periods
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I am revisiting my previous graph United States vs Great Britain: Income and Population since 1500. In my original graph, I placed population on the y-axis which emphasizes its dramatic growth in the US. In the new graph, I placed GDP per Capita on the y-axis which emphasizes the growth in income in both countries. Take a look below at both versions and let me know which you prefer:
New Version: GDP per Capita on the y-axis {Click on the image to take a closer look}
Original Version: Population on the y-axis {Click on the image to take a closer look}
See also:
United States: 500 Years of Income and Population Growth
Comparing Population Growth: China, India, Africa, Latin America, Western Europe, United States
China: 2,000 Years of Income and Population Growth
Last 2,000 years of growth in world income and population
Data estimates for population from Angus Maddison Emeritus Professor, Faculty of Economics, University of Groningen.
[tags]population, income, United States, United Kingdom, Great Britain[/tags]
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Comparing United States vs Great Britain’s income and population over the last 500 years shows how the US eventually over took Britain. Keep in mind that GDP per Capita for both countries are in 1990 international Geary-Khamis dollars, calculated from purchasing power parities (PPPs) of currencies and average prices of commodities.
{Click on the image to take a closer look}
See also:
United States: 500 Years of Income and Population Growth
Comparing Population Growth: China, India, Africa, Latin America, Western Europe, United States
China: 2,000 Years of Income and Population Growth
Last 2,000 years of growth in world income and population
Data estimates for population from Angus Maddison Emeritus Professor, Faculty of Economics, University of Groningen.
[tags]population, income, United States, United Kingdom, Great Britain[/tags]
Popularity: 7% [?]
Here are two maps showing Britain’s wealthiest and poorest households. (Unlike some of the previous maps I have posted about the US, this map of the UK relies on assets rather than income to determine who is rich and who is poor). I found this via the BBC from a Joseph Rowntree Foundation study: Poverty and wealth across Britain 1968 to 2005 Unlike the US, there seems to be very little rural poverty in the UK.
See also: United States Poverty Map
United States Household Income Map
[tags]BBC, Britain, UK, Wealth, Poverty[/tags]
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I created these graphs to show the change in the share of income going to the top 0.1%, comparing the United States to Canada, United Kingdom, France, and Japan from 1913-2004.
{Click on the graph to take a closer look}
The effect by the two World Wars is clear but what is more subtle is the effect on the share of income going to the very wealthy due to the change in the top income tax rate. This could be due to attempts by the very wealthy to hide their income from the IRS or else having a higher tax rate will impact the distribution of income or both. I didn’t have the marginal rates for the other countries but it would be interesting to see if they have a similar relationship between the share of total income captured by the Top 0.1 percent and income tax rates.
The income data can be found here on Emmanuel Saez’s web site. I found the marginal tax rate for the United States in the SOI Bulletin Historical Table A at the IRS site via truthandpolitics.org
[tags]income distribution, marginal tax rate[/tags]
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