{"id":5552,"date":"2016-01-12T22:11:54","date_gmt":"2016-01-12T22:11:54","guid":{"rendered":"http:\/\/www.rationalargumentator.com\/index\/?p=5552"},"modified":"2016-01-12T22:11:54","modified_gmt":"2016-01-12T22:11:54","slug":"whats-changed-since-2010","status":"publish","type":"post","link":"https:\/\/www.rationalargumentator.com\/index\/blog\/2016\/01\/whats-changed-since-2010\/","title":{"rendered":"What&#8217;s Changed Since 2010? &#8211; Article by Daniel Bier"},"content":{"rendered":"<div>\n<div style=\"text-align: center\"><a class=\"cboxElement\" href=\"https:\/\/www.rationalargumentator.com\/index\/wp-content\/uploads\/2015\/06\/tophatwhitesm.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4311 aligncenter\" src=\"https:\/\/www.rationalargumentator.com\/index\/wp-content\/uploads\/2015\/06\/tophatwhitesm.jpg\" alt=\"The New Renaissance Hat\" width=\"150\" height=\"150\" srcset=\"https:\/\/www.rationalargumentator.com\/index\/wp-content\/uploads\/2015\/06\/tophatwhitesm.jpg 150w, https:\/\/www.rationalargumentator.com\/index\/wp-content\/uploads\/2015\/06\/tophatwhitesm-100x100.jpg 100w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a><strong><big><big><span style=\"color: #000080\">Daniel Bier<\/span><br \/>\n<\/big><\/big><\/strong><\/div>\n<\/div>\n<div style=\"text-align: center\">******************************<\/div>\n<div style=\"text-align: center\"><\/div>\n<div>\n<div class=\"clear-this mainContent\">\n<p style=\"text-align: center\"><strong><em>Quite a lot, it turns out<br \/>\n<\/em><\/strong><\/p>\n<p>This interesting\u00a0little table\u00a0from\u00a0<a href=\"http:\/\/www.goldmansachs.com\/our-thinking\/pages\/2015-10-favorite-charts.html\">Goldman Sachs<\/a>\u00a0shows a few ways the world changed\u00a0in the last five years.<\/p>\n<p>Some\u00a0highlights since 2010:<\/p>\n<ul>\n<li>The UN Food Price Index fell\u00a0by a third.<\/li>\n<li>The price of oil fell\u00a0by two-thirds.<\/li>\n<li>Venture capital investments in the US doubled.<\/li>\n<li>Global smartphone penetration increased from 19\u00a0percent\u00a0to 75 percent.<\/li>\n<li>The cell phone price index fell by over half.<\/li>\n<li>Average wages in China rose\u00a0by more than 50 percent.<\/li>\n<li>Beijing air pollution is down by a third.<\/li>\n<li>The cost of sequencing a genome fell by 97 percent.<\/li>\n<li>The number of summer AirBnB guests increased from 47,000 to 17 million.<\/li>\n<li>Bitcoin&#8217;s value increased 1,500 fold.<\/li>\n<\/ul>\n<p>But, as GS points out, 2015 was\u00a0not all good news:<\/p>\n<ul>\n<li>Economic\u00a0growth has slowed.<\/li>\n<li>Life expectancy has not changed\u00a0much.<\/li>\n<li>Africa&#8217;s share of global trade remained near\u00a03\u00a0percent.<\/li>\n<li>The Patriots won the Super Bowl.<\/li>\n<li>Japanese GDP per capita remains flat.<\/li>\n<\/ul>\n<p>Still \u2014 on the whole and for most people \u2014 things are changing for the better,\u00a0in more ways than we could\u00a0ever anticipate.<\/p>\n<p>Here&#8217;s to a better today.<\/p>\n<p>(Check out\u00a0the other data below \u2014 lots of amusing and intriguing\u00a0items.)<\/p>\n<p><a href=\"https:\/\/www.rationalargumentator.com\/index\/wp-content\/uploads\/2016\/01\/chart-11.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-5553\" src=\"https:\/\/www.rationalargumentator.com\/index\/wp-content\/uploads\/2016\/01\/chart-11.jpg\" alt=\"chart-11\" width=\"584\" height=\"1055\" srcset=\"https:\/\/www.rationalargumentator.com\/index\/wp-content\/uploads\/2016\/01\/chart-11.jpg 584w, https:\/\/www.rationalargumentator.com\/index\/wp-content\/uploads\/2016\/01\/chart-11-166x300.jpg 166w, https:\/\/www.rationalargumentator.com\/index\/wp-content\/uploads\/2016\/01\/chart-11-567x1024.jpg 567w, https:\/\/www.rationalargumentator.com\/index\/wp-content\/uploads\/2016\/01\/chart-11-55x100.jpg 55w\" sizes=\"auto, (max-width: 584px) 100vw, 584px\" \/><\/a><em>Click on the image for a larger version.<\/em><\/p>\n<p><strong>Daniel Bier is the editor of Anything Peaceful. He writes on issues relating to science, civil liberties, and economic freedom.<\/strong><\/p>\n<p><strong>This article was published by <a href=\"http:\/\/www.thefreemanonline.org\/\">The Foundation for Economic Education<\/a> and may be freely distributed, subject to a <a href=\"http:\/\/creativecommons.org\/licenses\/by\/4.0\/\">Creative Commons Attribution 4.0 International License<\/a>, which requires that credit be given to the author.<\/strong><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Daniel Bier ****************************** Quite a lot, it turns out This interesting\u00a0little table\u00a0from\u00a0Goldman Sachs\u00a0shows a few ways the world changed\u00a0in the last five years. Some\u00a0highlights since 2010: The UN Food Price Index fell\u00a0by a third. The price of oil fell\u00a0by two-thirds. Venture capital investments in the US doubled. Global smartphone penetration increased from 19\u00a0percent\u00a0to 75 percent. The cell phone price index fell by over half. Average wages in China rose\u00a0by more than 50 percent. Beijing air pollution is down by a&#8230;<\/p>\n<p class=\"read-more\"><a class=\"btn btn-default\" href=\"https:\/\/www.rationalargumentator.com\/index\/blog\/2016\/01\/whats-changed-since-2010\/\"> Read More<span class=\"screen-reader-text\">  Read More<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[87,7,356],"tags":[4426,135,4503,20,2664,2665,1123,266,95,109],"class_list":["post-5552","post","type-post","status-publish","format-standard","hentry","category-culture","category-economics","category-technology-2","tag-anything-peaceful","tag-change","tag-daniel-bier","tag-economics-2","tag-fee","tag-foundation-for-economic-education","tag-goldman-sachs","tag-optimism","tag-progress","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.rationalargumentator.com\/index\/wp-json\/wp\/v2\/posts\/5552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rationalargumentator.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rationalargumentator.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rationalargumentator.com\/index\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rationalargumentator.com\/index\/wp-json\/wp\/v2\/comments?post=5552"}],"version-history":[{"count":1,"href":"https:\/\/www.rationalargumentator.com\/index\/wp-json\/wp\/v2\/posts\/5552\/revisions"}],"predecessor-version":[{"id":5554,"href":"https:\/\/www.rationalargumentator.com\/index\/wp-json\/wp\/v2\/posts\/5552\/revisions\/5554"}],"wp:attachment":[{"href":"https:\/\/www.rationalargumentator.com\/index\/wp-json\/wp\/v2\/media?parent=5552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rationalargumentator.com\/index\/wp-json\/wp\/v2\/categories?post=5552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rationalargumentator.com\/index\/wp-json\/wp\/v2\/tags?post=5552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}