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Notice that even though output is in a log scale, output is shooting up in an exponential way. DATA from Brad DeLong [Read more...]

INCREDIBLY SIMPLE CALCULATIONS MADE SIMPLE Yes, we all know how to calculate 15% or 20% exactly, but it’s fun to use tipping heuristics and even more fun to make crowded graphs of how they compare to each other. (Sorry for the junky chart. Open for suggestions, in the words of Tom ... [Read more...]

In a world in which the price of calculation continues to decrease rapidly, but the price of theorem proving continues to hold steady or increase, elementary economics indicates that we ought to spend a larger and larger fraction of our time on calculation.1 Over the next ten years, I hope ... [Read more...]

One of the problems with choropleths is that, as explained by Hadley Wickham in this presentation, big states tend to draw more attention because of their size, but they also tend to have a low population Density. For example, Mexico City, the capital ... [Read more...]

What has been the impact of the economic crisis on employment? And how has it affected the different regions of Mexico? To answer the questions the first step was to obtain the unemployment data from the Banco de Información Económica at the INEGI. ... [Read more...]