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Lifting World Out of Poverty OurWorldInData Presentation
- 1. OurWorldInData.org October 15th, 2015 WIRED2015 – London Max Roser – Institute for New Economic Thinking at the Oxford Martin School, University of Oxford. Lifting the World out of Poverty OurWorldInData.org
- 11. OurWorldInData.org 2: Candles & Books (How incomes grow)
- 12. OurWorldInData.org How long do you have to work to afford 1 hour of reading light? (1,200 lumen hours; 80 watts light bulb)
- 13. OurWorldInData.org 1800: Tallow candle 5.4 hours Nordhaus (1997) – ‘Historical Reassessments of Economic Progress’. In ‘The Economics of New Goods’. How long do you have to work to afford 1 hour of reading light? (1,000 lumen hours; ±80 watt light bulb for 1 hour )
- 14. OurWorldInData.org 1880: Kerosene lamp 13 minutes Nordhaus (1997) – ‘Historical Reassessments of Economic Progress’. In ‘The Economics of New Goods’. How long do you have to work to afford 1 hour of reading light? (1,000 lumen hours; ±80 watt light bulb for 1 hour )
- 15. OurWorldInData.org 1960: Filament bulb 3.6 seconds Nordhaus (1997) – ‘Historical Reassessments of Economic Progress’. In ‘The Economics of New Goods’. How long do you have to work to afford 1 hour of reading light? (1,000 lumen hours; ±80 watt light bulb for 1 hour )
- 16. OurWorldInData.org 1992: Compact fluorescent bulb 0.4 seconds Nordhaus (1997) – ‘Historical Reassessments of Economic Progress’. In ‘The Economics of New Goods’. How long do you have to work to afford 1 hour of reading light? (1,000 lumen hours; ±80 watt light bulb for 1 hour )
- 17. OurWorldInData.org today: LED less than 0.1 seconds Nordhaus (1997) – ‘Historical Reassessments of Economic Progress’. In ‘The Economics of New Goods’. How long do you have to work to afford 1 hour of reading light? (1,000 lumen hours; ±80 watt light bulb for 1 hour )
- 18. OurWorldInData.org Productivity = What you get out Work you put in
- 19. OurWorldInData.org “The price of anything is the amount of life you exchange for it” – Henry David Thoreau
- 27. OurWorldInData.org 3: Prosperity and poverty