World population graph: past, present, and future
Source: https://www.abc.net.au/news/science/2019-07-25/population-growth-world-overshoot-day/11320990
Leave a Reply Cancel reply
This site uses Akismet to reduce spam. Learn how your comment data is processed.
RWER 26,369 subscribers
WEA Books
“a conceivably seminal contribution to this debate on economic systems and their place in human and natural systems.” – Steve Keen

“Some of his insights will no doubt become the key building blocks of the new economics the world needs so desperately today.” – Richard Koo

“This remarkable volume presents the full range of opinions on MMT, from its enthusiastic proponents to its severest critics” – John King

Regular Contributors
follow this blog on Twitter
Top Posts- last 48 hours
- The Collapse of the India’s creative Industries
- Economics Textbooks
- Axel Leijonhufvud (1933-2022)
- Beveridge Curves - Covid edition
- In economics value-neutrality is an illusion
- Thinking like an Economist?
- Gödel and the limits of mathematics
- Things to consider when reading Mankiw 9th ed. Chapter 1: Ten Principles of Economics
- World population graph: past, present, and future
- Can you think of something snappier than “Understanding the Economy – A Learning System”?
Real World Economics Review
The RWER is a free open-access journal, but with access to the current issue restricted to its 25,952 subscribers (07/12/16). Subscriptions are free. Over one million full-text copies of RWER papers are downloaded per year.
WEA online conference: Trade Wars after Coronavirus
Comments on recent RWER issues
————– WEA Paperbacks ————– ———– available at low prices ———– ————- on most Amazons ————-
WEA Periodicals
----- World Economics Association ----- founded 2011 – today 13,800 members
Recent Comments
- Romar Correa on The Collapse of the India’s creative Industries
- Meta Capitalism on In economics value-neutrality is an illusion
- Romar Correa on Axel Leijonhufvud (1933-2022)
- Meta Capitalism on In economics value-neutrality is an illusion
- Garrett Connelly on Thinking like an Economist?
- bruceolsen on Thinking like an Economist?
- evidencebasedeconomics on Thinking like an Economist?
- Charles Broming on Thinking like an Economist?
- Romar Correa on In economics value-neutrality is an illusion
- Steve Hummel on Economics Textbooks
- yoshinorishiozawa on In economics value-neutrality is an illusion
- bruceolsen on In economics value-neutrality is an illusion
- yoshinorishiozawa on Economics Textbooks
- yoshinorishiozawa on In economics value-neutrality is an illusion
- John deChadenedes on Economics Textbooks
Comments on issue 74 - repaired
Comments on RWER issues
WEA Online Conferences
—- More WEA Paperbacks —-
———— Armando Ochangco ———-

Shimshon Bichler / Jonathan Nitzan

————— Herman Daly —————-

————— Asad Zaman —————

—————– C. T. Kurien —————

————— Robert Locke —————-

Guidelines for Comments
• This blog is renowned for its high level of comment discussion. These guidelines exist to further that reputation.
• Engage with the arguments of the post and of your fellow discussants.
• Try not to flood discussion threads with only your comments.
• Do not post slight variations of the same comment under multiple posts.
• Show your fellow discussants the same courtesy you would if you were sitting around a table with them.
Most downloaded RWER papers
- The housing bubble and the financial crisis (Dean Baker)
- Trade and inequality: The role of economists (Dean Baker)
- Debunking the theory of the firm—a chronology (Steve Keen and Russell Standish)
- New thinking on poverty (Paul Shaffer)
- The state of China’s economy 2009 (James Angresano)
- Green capitalism: the god that failed (Richard Smith)
- What Is Neoclassical Economics? (Christian Arnsperger and Yanis Varoufakis)
- Why some countries are poor and some rich: a non-Eurocentric view (Deniz Kellecioglu)
- Global finance in crisis (Jacques Sapir)
Family Links
Contact
follow this blog on Twitter
RWER Board of Editors
Nicola Acocella (Italy, University of Rome) Robert Costanza (USA, Portland State University) Wolfgang Drechsler ( Estonia, Tallinn University of Technology) Kevin Gallagher (USA, Boston University) Jo Marie Griesgraber (USA, New Rules for Global Finance Coalition) Bernard Guerrien (France, Université Paris 1 Panthéon-Sorbonne) Michael Hudson (USA, University of Missouri at Kansas City) Frederic S. Lee (USA, University of Missouri at Kansas City) Anne Mayhew (USA, University of Tennessee) Gustavo Marqués (Argentina, Universidad de Buenos Aires) Julie A. Nelson (USA, University of Massachusetts, Boston) Paul Ormerod (UK, Volterra Consulting) Richard Parker (USA, Harvard University) Ann Pettifor (UK, Policy Research in Macroeconomics) Alicia Puyana (Mexico, Latin American School of Social Sciences) Jacques Sapir (France, École des hautes études en sciences socials) Peter Söderbaum (Sweden, School of Sustainable Development of Society and Technology) Peter Radford (USA, The Radford Free Press) David Ruccio (USA, Notre Dame University) Immanuel Wallerstein (USA, Yale University)
Interesting graphic. Please note that there is still enough to go around, in terms of food, shelter, water, air, and security. What’s that you say? People who can’t afford these things don’t deserve them?! Why, you wretched neoliberal! You filthy capitalist!! Ahem…sorry. I get a little carried away now and then. Any useful theory about the economy should start with your own assumptions (based on actual experience and historical precedent) about the best way to ensure everybody has a life-sustaining share of everything necessary. Globalized finance capitalism sure as hell isn’t the answer! Accumulating personal wealth in such a way that other people’s rights to clean air, clean water, nourishing food, decent shelter, and security are reduced or eliminated should be prohibited. If you disagree with any part of this, I would be very interested to hear why.
When we include wealth inequality it places these graphics in context. Wealth inequality in the United States, also known as the wealth gap is the unequal distribution of assets among residents of the United States. Wealth commonly includes the values of any homes, automobiles, personal valuables, businesses, savings, and investments, as well as any associated debts. The net worth of U.S. households and non-profit organizations was $107 trillion in the third quarter of 2019, a record level both in nominal terms and purchasing power parity. As of Q3 2019, the bottom 50% of households had $1.67 trillion, or 1.6% of the net worth, versus $74.5 trillion, or 70% for the top 10%. From an international perspective, the difference in US median and mean wealth per adult is over 600%.
It’s amusing seeing these wishful thinking projections at the same time as it is blindingly obvious that the soil is running out, species are disappearing at a catastrophic rate, including the marine species many rely on for protein, and climate change is going to put much of the land we rely on to feed us, underwater, including the most crowded countries like Bangladesh. Most politicians and governments (and statisticians and ‘economists’) seem to be blissfully unaware of all this!