data Hans Rosling smiling. Copyright Martin Kjellberg. (image via petapixel.com)

Hans Rosling – The Best Data You’ve Ever Seen

0:15 About 10 years ago, I took on the task to teach global development to Swedish undergraduate students. That was after having spent about 20 years together with African institutions studying hunger in Africa,so I was sort of expected to know a little about the world. And I started in our medical university, Karolinska Institute, an undergraduate course called Global Health. But when you get that opportunity, you get a little nervous. I thought, these students coming to us actually have the highest grade you can get in Swedish college systems — so, I thought, maybe they know everything I’m going to teach them about. So I did a pre-test when they came. And one of the questions from which I learned a lot was this one: “Which country has the highest child mortality of these five pairs?”

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ruut veenhoven - WORLD DATABASE OF HAPPINESS (image via www.happykamping.com)

Ruut Veenhoven – World Database of Happiness

“Happiness is a highly valued matter. Most people agree that it is better to enjoy life than to suffer, and endorse public policies that aim at creating greater happiness for a greater number of people. Though not everybody accepts the utilitarian axiom that happiness is ultimately the only value, the desirability of happiness as such is almost undisputed. This appears in high ranks for happiness in survey studies about value priorities.

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Inequality and economic efficiency of society through the prism of thermodynamics (image by www.ima.umn.edu)

Ksenzhek & Petrova – Inequality and Economic Efficiency of Society through the Prism of Thermodynamics

“Inequality, when it refers to social problems, is a word which rather readily excites passions. During at least two centuries it remains a permanent matter of a great number of economic, sociological, and in some cases even political works. The phenomenon of inequality is perceived often almost as a synonym of ”injustice”. That is unjust, however, because since Adam Smith it is clear that inequality plays really the dual role. On the one hand, inequality is a mechanism of development, and on the other a standing source of poverty and social tensions. An ever-growing degree of inequality that accompanies rapid development of contemporary economy excites both the general public and experts in sociology and economy. Inequality in society has indeed two aspects: social and economic one. The former manifests itself in the difference of living standards of various social strata of society: the real disparity in housing conditions, in the accessibility of education, adequate medical care, legal protection, and the like. On the economic plane, inequality is expressed in the disparity of incomes.

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elroy dimson market efficiency

Dimson & Mussavian – A Brief History of Market Efficiency

“The concept of efficiency is central to finance. Primarily, the term efficiency is used to describe a market in which relevant information is impounded into the price of financial assets. This is the primary focus of the articles reviewed here. Sometimes, however, economists use this word to refer to operational efficiency, emphasising the way resources are employed to facilitate the operation of the market. Most of this review is concerned with the former definition, namely the informational efficiency of financial markets. At the end of this paper, we also consider the microstructure of financial markets.

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The New Technological Revolution Carlotta Perez (Image via people.ru )

Carlota Perez – The New Technological Revolution

“Today and tomorrow we will be exploring the frontiers of technology. We are all eager to identify the next big thing or the next technological revolution. That seems to be the modern version of El Dorado! The truth is that technology has been so impressive lately that we have all become convinced that it’s disruptive innovation that brings growth and success. Well, it does… and yet, it doesn’t!

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