Inequality; government websites
Oct. 6th, 2017 08:54 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
mtbcMy change in car exposed me to the website of the Driver and Vehicle Licensing Agency which among those of Her Majesty's Government is rather unusual in being both usable and useful. Living in Ohio I was pleasantly surprised by how much value was offered by state and Federal websites. One of the best is from the Federal Reserve Bank of St Louis: their historical economic datasets are not only downloadable but there is an easy web interface for interactive graphing.
Recently I wondered how easily signs of a rise of economic inequality in America may be coaxed from Federal Reserve's data. It turns out that it is not difficult to generate apparently corroborative graphs:
For example, in this case the rise in Gross Domestic Product per capita appears to rather outstrip that of median personal income, in real terms over the course of forty years. I am no economist so I may be mistaken about the meaning of such plots but I was unsurprised by its form nonetheless.
Recently I wondered how easily signs of a rise of economic inequality in America may be coaxed from Federal Reserve's data. It turns out that it is not difficult to generate apparently corroborative graphs:
For example, in this case the rise in Gross Domestic Product per capita appears to rather outstrip that of median personal income, in real terms over the course of forty years. I am no economist so I may be mistaken about the meaning of such plots but I was unsurprised by its form nonetheless.
