Showing posts with label living standards. Show all posts
Showing posts with label living standards. Show all posts

Thursday, May 23, 2013

How Nations Succeed

Sudden computer problems really put a crimp in the blogging lifestyle, and while I'm back online, I'm not quite caught up with the rest of the world yet. In the meantime, here's a video via Kids Prefer Cheese: How Nations Succeed.



"Imagine a place where people are so poor that almost no one has electricity or indoor plumbing... People here live in abject poverty. Conditions are such that people cannot afford refrigerators or washing machines, not to mention cell phones or computers... People work six to seven days a week with little or no vacation time, just to feed and clothe their families. Cars are rare, and no one has air conditioning or television. Health care is primitive, with infant mortality high and death from disease routine. No one has access to antibiotics or even aspirin. Where is this undeveloped third world country?" (If you don't know the answer, watch the video before reading more.)

Thursday, April 18, 2013

Reasons for Optimism XI

Civil Rights
1. There is quite a bit of good news for civil rights. First, National Security Letters--which the federal government uses to get personal information on thousands of Americans from companies like Google--have been ruled unconstitutional. What made NSLs particularly disturbing was that the recipient companies were forbidden from ever acknowledging that they had given the government any information. Thankfully, these gag orders have also been ruled unconstitutional.

2. Second, the Supreme Court limited the use of sniffer dogs and expanded the Fourth Amendment's protection of the home by declaring that porches count as part of the home.

3. There's good news for civil rights in Canada as well. The Supreme Court there recently ruled that police need special wiretapping orders, not just ordinary search warrants, to intercept text messages.

Deficit & Spending
4. Via PostLibertarian, the federal deficit for the first six months of fiscal 2013 is 23% lower than the deficit for the same period in fiscal 2012. Government spending in March 2013 was more than 20% lower than in March 2012, a $76 billion fall from $369 to $293 billion. Moreover, an analysis of four major budget plans (President Obama's, Senate Democrats', House Republicans' and Senator Rand Paul's) shows that all four cut spending over the next ten years relative to the current-law baseline. The coming debate won't be whether or not to cut spending, it will be how much.

Energy & Climate
5. In November 2012, U.S. oil production surpassed that of Saudi Arabia! U.S. oil production also remained higher than Saudi Arabia's in December 2012. While month-to-month production fluctuates, and there may again be months where the Saudis produce more oil than we do, for at least two months in 2012, the United States was the largest oil producer in the world. U.S. oil production has continued to grow since then, and is now more than 7.2 million barrels per day, a level not seen since July 1992. Also in December, another country (China) imported more oil than the U.S. for the first time in four decades (ht).

6. Coral reefs are more resilient than we thought. Reefs damaged in super-hot 1998 were presumed to have little chance of recovery, yet they're recovering nonetheless.

Health
7. A new Bluetooth-enabled implant (ht) can monitor blood levels of up to five chemicals and transmit that data to a smartphone or tablet (and from there to the internet) in realtime. It can currently detect glucose (useful for diabetics), troponin (which is released during a heart attack) and a few other substances, but the device has been designed to accommodate sensors for substances not yet covered.

8. Functioning kidneys can now be grown in a lab, at least for rats. Doing the same with human kidneys will take some time, and even then the lab-grown versions are only 5% as efficient as natural, healthy kidneys. But if your natural kidneys aren't healthy, 5% could be enough of an improvement to be worth the transplant. No doubt researchers will also be working on improving that efficiency as well.

Poverty
9. Two recent studies, one from Oxford University and the other from the UN, highlight the improving conditions of the world's poor (ht via @LDoren). Many of the world's poorest nations are on track to eliminate acute poverty and growth is lifting hundreds of millions out of poverty. From the UN report: "Never in history have the living conditions and prospects of so many people changed so dramatically and so fast."

Other Optimists
10. Ezra Klein (ht MR) has his own list of reasons for optimism. Among others, he lists the slowing rise of health care costs, a turnaround in housing, corporate profits, natural gas and technological advances.

11. Stephan Kinsella (ht Bob Murphy) says, "The Golden Age of America is Now." Kinsella writes from a libertarian viewpoint, and therefore includes items like imminent marijuana legalization that some might not agree are actually good things. But many of his points cut across ideologies--there is no draft, air travel is safer and cheaper than ever and technology is amazing, from cell phones to the internet to 3D printing to private spaceflight. He also cites increased diversity and tolerance, saying, "some people are vegetarians, vegans; no big deal... Some people have nose rings, multiple earrings. Tattoos. Nobody cares... Mixed-race couples? Nobody bats an eye."

Wednesday, March 6, 2013

The Cyborg Foundation

Via SingularityHub, the cyborg Neil Harbisson:



Harbisson was born colorblind, but now perceives color as sound thanks to a device called the eyeborg. "It's not the union between the eyeborg and my head what converts me into a cyborg, but the union between the software and my brain. My body and technology have united."

What makes this truly astounding is that Harbisson has gone beyond mere treatment of colorblindness to augmentation. He now directly perceives colors in the infrared and ultraviolet. He also founded the Cyborg Foundation to promote the use of cybernetics and develop new devices for augmentation, such as internal radar and 360º sensory perception.

"It's very, very human to modify one's body with human creations... During this century, we will see that more and more people will start using technology as a part of the body in order to perceive more and to expand senses."

Tuesday, March 5, 2013

Reasons for Optimism X

1. Americans today are 20% less likely to die from cancer than we were in 1991. The death rate from cancer has fallen from 215.1 to 173.1 per 100,000. The decrease has been seen in men, women and children. Although death rates for some cancers are up, death rates for the four most common types of cancer (lung, colon, breast and prostate) have all fallen by more than 30%.

2. A second person has been cured of HIV, this time a newborn treated with triple the typical dose of antiretroviral drugs. The only person to have previously been cured of HIV was Timothy Brown, cured after a bone marrow transplant from a donor who was naturally immune. This second case holds far more promise as it is cheaper and may be easier to replicate.

3. The FDA has finally approved an early version of Geordi's visor, although the manufacturer's have opted for the name "artificial retina" instead. The device wirelessly sends images from a camera to an eye implant. The downside is that the implant requires the user to have some functioning retinal cells, so this is not a full cure for blindness. The upside is that the bulk of the device can be removed just like normal glasses, making upgrades easy.

4. Don Boudreaux continues his Cleaned by Capitalism series with an entry on "health-care products supplied quite successfully by free markets on a fee-for-service basis."

5. Once again via Mark Perry, U.S. oil production continues to grow. Texas has doubled oil production in the last three years, and is now producing more domestic oil than the entire country imports from the Persian Gulf. Christof Rühl, chief economist for BP, wrote recently, "The United States is likely to surpass Saudi Arabia in daily output very soon, and non-OPEC production will dominate global supply growth over the coming decade."

Furthermore, as of October 2012, the United States is producing more oil per day than every country in Central and South America combined. As recently as 2009, those countries were consistently producing 25-30% more oil than the US.

But the shale revolution isn't just here in the United States. Global oil production for the first three quarters of 2012 was 1% higher than all of 2011. Once the numbers are in for the fourth quarter, 2012 is expected to set an all-time record. For those worried that increased oil production means we'll just run out sooner, consider that ExxonMobil discovered more new recoverable oil last year than they took out of the ground--for the 19th year in a row.

6. Mark Perry and Don Boudreaux together penned a Wall Street Journal opinion piece arguing against middle class stagnation. (AEI also has a copy, in case the WSJ version is eventually paywalled.) They address the CPI's overstatement of inflation, the expansion in non-wage compensation, the large-scale entry of women into the labor force, rising life expectancy, the falling cost of "basics" like housing and food at home, and falling inequality in services like air travel and goods like consumer electronics. The piece is a wide-ranging but somewhat shallow introduction to the many lines of evidence that life is actually improving for most Americans.

Boudreaux has follow-ups to the piece here, herehere and here, including responses to some critics. Perry has follow-ups here and here. There's also more on the topic from James Pethokoukis and David Henderson.

7. Via MR, a village in India has dramatically improved agriculture yields using a method called System of Root Intensification (SRI) that focuses on soil conditions and plant density. Poor farmers in Darveshpura have set new world records for rice and potatoes, and SRI seems to improve yields for other crops as well. Some doubt the claims are legitimate, but the ease of adopting the method would allow small farmers the world over to increase their yields if the claims prove true.

8. Oliver August of The Economist recently completed a wide-ranging journey across 23 African countries. In the interview, he speaks of how easy it was to complete the journey, and says, "The main experience of travelling across Africa is one of hopefulness, one of industry, one of striving amongst the many still-quite-poor people, and one of a sense of a future that is coming closer quite quickly."

Thursday, January 24, 2013

Reasons for Optimism IX

1. Last week, initial jobless claims fell to a 5-year low. At 335k, jobless aid applications haven't been this low since the beginning of the recession in January 2008.

2. Don Boudreaux continues his Cleaned by Capitalism series with an entry on the washing machine. See Hans Rosling's TED talk for more on the washing machine.

3. The Slingshot water purifier, invented by Dean Kamen and backed by Coca-Cola, is expanding from initial trials in Ghana to Paraguay, Mexico and South Africa. In the video below, Kamen says, "Global organizations... work on top-down, government-to-government big programs, and we're working on the Slingshot, the little tool that David needs to take on Goliath. [...] We could empty half of all the beds in all the hospitals in the world by just giving people clean water."



4. A new study shows that official poverty statistics in the United States grossly overstate poverty. The poverty rate has declined by 25 percentage point since 1960, and 8.5 percentage points since 1980.

5. Via Mark Perry, U.S. oil production grew more in 2012 than in any other year since we started keeping track. Weekly U.S. oil production is now at it's highest point in 20 years.

6. Planetary Resources, the asteroid mining company, has released a tech update, including video of a prototype for the Arkyd-100 satellite. But perhaps I should call them an asteroid mining company, because Planetary Resources isn't the only one anymore. A company called Deep Space Industries is also targeting asteroids. Deep Space Industries plans to bring back samples weighing 50+ pounds by 2016, and to have an established mining operation by 2020.

7. Bigelow Aerospace's inflatable space station idea is getting a boost with a two-year trial as a module on the ISS.

8. TSA has cancelled its contract with Rapiscan, the makers of the naked scanners. All naked scanners will be removed from airports by June. They will be replaced by scanners that do not show such fine detail. While the health concerns remain, this is definitely a step in the right direction.

Thursday, January 10, 2013

Reasons for Optimism VIII


1. The number of people imprisoned in the US has been falling since 2008.

2. More cars were sold in 2012 than any other year since the recession began, and sales grew 13% over 2011, more than in any year since 1984.

3. Audi is showing off technology that would allow a car to autonomously find a parking spot within a parking garage and park itself. No word yet on when this will be available for consumers, but a garage-only feature like this might circumvent some of the legal grey areas with autonomous cars, at least in privately-owned garages.

4. The Earth is getting greener. And I don't mean humans are becoming more environmentally-conscious; I mean the physical Earth is literally greener, as measured by satellites, because there's more plants. There are two reasons plants are growing more: higher temperatures and higher carbon dioxide levels. This is a another piece of evidence that climate tends to have stable equilibria.

5. Fully 64 new supplies of energy have been discovered in Africa in the past five years, and the pace seems to be picking up (ht). When combined with the previously-featured GravityLight, Africa is on track to save millions of lives in the coming years.

6. The incredible exponential growth of US oil production continues. We are now producing seven million barrels per day for the first time since March 1993.

7. More than two-thirds of Americans are optimistic about their own economic situation in 2013. On the other hand, nearly two-thirds are pessimistic about the economy as a whole. If you believe in Hayek's local knowledge, this is a great reason to feel optimistic about the economy as a whole (though perhaps pessimistic about the media's portrayal of it).

8. Herbert E. Meyer, who is called "the official who predicted communism's demise," says the good news that nobody is noticing is the global rise of the middle class (ht). In a recent interview [mp3] with Jerry Bowyer, Meyer says, "When you stand back from all the yelling and the screaming…you can see what I believe is the most important trend in the word…the world is emerging from poverty fast. ... Each year between fifty and one hundred million human beings are leaving poverty behind. ... By the way, it’s going to be a five billion-person middle class. This will become the most powerful force in the world. Their demand for our goods and services will set off an economic boom…I believe that we’re heading for not just a sonic boom, but maybe a supersonic boom."

Wednesday, January 2, 2013

Recent Reasons for Optimism VII

1. Doctors in Toronto are using ultrasound to perform brain surgery without the surgery. During the five-hour procedure, Tony Lightfoot regained his ability to use his hands without tremors as high-intensity ultrasound destroyed the tissue causing the problem. The technique can also be used to eliminate other problem tissues, including certain kinds of cancer.

2. An organization called Diagnostics for All, backed by the Gates Foundation, is producing paper-based blood tests that can diagnose liver damage within minutes at a cost of less than a penny per test. Tests for other diseases, including malaria, dengue, hepatitis and diabetes, are being developed. While they're currently working on getting these diagnostic tests to poor countries, the benefit of cheap, easy diagnostic tests for the developed world is obvious. The main hurdle now seems to be getting regulatory approval, which is easier in poor countries than in the West.

3. New estimates from the IPCC of the climate's sensitivity to CO2 suggest warming over the rest of this century will be far less than previously estimated (more here). Moreover, a new study finds, at least with wheat yields, that the benefit from higher CO2 concentrations outweighs the cost of higher temperature. What little warming actually happens may end up being a good thing after all.

4. And even if it isn't, we'll be able to adapt. Thanks to cheap air conditioning, deaths from extreme temperatures declined by 80% over the 20th century in the US. Economic growth will bring similar gains to developing countries in the 21st century.

5. Mark Perry has more examples of the increase in prosperity since the 50s, including toasters, TVs, music players, washing machines and dryers. All of these have increased in quality (quite dramatically for TVs and music players), and yet are far cheaper. Don Boudreaux is also continuing his Cataloging Our Progress series with two entries on men's wear and one based on the Sears.com homepage.

6. Also from Mark Perry, the US is now producing more oil than at any other point since 1993, and Texas oil production is higher than it's been since 1987. Also from that second link, regarding natural gas, "The United States has gone from being the highest cost major gas producer four to five years ago to the current lowest cost producer."

7. The fiscal cliff has been averted. While the deal we ended up with isn't my first best choice by any means, I think it's an improvement over the cliff. For most of us, taxes are going up a little instead of a lot, as the Bush cuts were made permanent for most people while the payroll tax is going back up.

Tuesday, December 18, 2012

Recent Reasons for Optimism VI

While it's been awhile, I think it's time for another installment of Recent (more or less) Reasons for Optimism.

The Best of Humanity
1. Buzzfeed profiles some of the heroes of Sandy Hook. A single man embodied the worst that humanity can be and caused enormous suffering. But these six women stood up to the challenge and saved dozens of lives, some at the cost of their own.

2. Buzzfeed also has a list of "26 Moments that Restored Our Faith in Humanity." My favorites include the responses to Hurricane Sandy at #4 and #5, the man with the arthritic dog at #23, and the "parents of the year" at #24.

Health
3. This infographic, covering the leading causes of death since 1900, has some great reasons for optimism. The number one cause of death in 2010 was heart disease, but the deaths caused by heart disease have fallen steadily since their peak in the 60s, from about 370 to 193 per 100,000. Deaths from the second-worst killer, cancer, have also been falling since they peaked in the early 90s.

4. Scientists in the UK have successfully spurred nerve regeneration in paralyzed dogs by transplanting cells from the dogs' own noses to the injured areas. It remains to be seen if the technique will work in humans, but over several months, the dogs went from complete paralysis in the rear legs to being able to walk on a treadmill without assistance.

5. Jan Scheuermann, who is paralyzed from the neck down, can now operate a robotic arm using only her mind "with speeds comparable to the able-bodied" and with a 91.6% accuracy rate.

Civil Liberties
6. The Senate Judiciary Committee unanimously passed a bill that would require law enforcement to actually get warrants to read private emails, no matter how old the email is. The bill will now go to the full Senate, and if it passes there, would also need to pass the House and be signed by Obama, but at least it's a step in the right direction.

Technology
7. Self-driving cars are inching closer to reality. Ford plans to introduce cars that can drive for you in stressful stop-and-go traffic, possibly by 2015. But Volvo will beat them to the punch with cars that can drive themselves at slow speeds in 2014. Meanwhile, a company called Rio Tinto is already using ten driverless trucks to transport iron ore, with plans to expand to 150 over the next few years.

8. 3D printing is coming to a store near you, at least in Europe. Staples will be offering 3D printing services next year in The Netherlands and Belgium. No doubt the US will soon follow, if this turns out to be profitable for them. Meanwhile, Virginia Tech is providing 3D printing free for students (ht). Researchers in Britain are also having some success in printing electronics.

9. From Planetary Resources, a nearly hour-long video with a great amount of detail on the work they're doing to mine asteroids. Early in the video, Eric Anderson says, "The fact of the matter is that the population of the planet has grown a lot over the last couple hundred years, and people live longer, people live much better lives. It's really an extraordinary time to be alive. And yet, we're just at the cusp of doing some of the more incredibly exciting things that we never thought were possible before."

Some more highlights:
  • 17% of near-Earth asteroids are easier to reach than the surface of the moon.
  • Platinum-group metals are usually mined in concentrations of a few parts per billion and have an average price of $1500 per ounce. A single 500-meter asteroid has more of these metals than have been mined from Earth in the history of humanity.
  • Anderson: "Some of the naysayers to asteroid mining say, well gee, if you bring back all the platinum, then the price will crash. And I say, great. I would love to see that. I would like to see a world of abundance."
10. First-world technology is bringing simple, inexpensive solutions to third-world problems. The GravityLight uses the same idea as old weight-driven clocks to provide light and electricity to those not connected to the grid.

Economics
11. In the US, household net worth is the highest it's been since 2007, and higher than any point prior to 2006. The total value of US real estate is also on the rise for the first time since 2006.

12. Don Boudreaux is in the midst of a series of blog entries detailing how everyday items are both less expensive and higher quality today than in 1956, based on an old Sears catalog from that year. So far, he's included women's clothing, bedsheets and lawn care. Mark Perry has made similar observations using other old advertisements, including dishwashers and home entertainment.

And finally, not a reason for optimism, but rather a quote from Winston Churchill: "A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty."

Tuesday, June 12, 2012

Recent Reasons for Optimism IV: A New Hope

1. Robin Hanson tackles general pessimism about the future with a comparison to modern high-rise apartments.

2. The New York Times (ht MR) has a list of 32 innovations, some minor, some major, that could change the world in the near future. The innovations range from better-tasting coffee to biosensors in your underwear and on your teeth to synthetic, hangover-free alcohol.

3. The New York Times also examines the "commercial ecosystem" created by the Kinect and Kinect hackers. As I've mentioned before, the Kinect is one of the best recent examples of the Matt Ridley quote on the sidebar here: "The more we prosper, the more we can prosper. The more we invent, the more inventions become possible. The world of things is often subject to diminishing returns. The world of ideas is not."

4. We keep inching closer to a cure for cancer. Some new treatments are able to target cancer cells more directly, while others encourage the immune system to attack the cancer itself.

5. We're also inching closer to driverless cars and the benefits they would bring. A Korean company, Chumdancha, has released several videos of their car driving down a busy highway with the human in the backseat, although it doesn't seem to be as advanced as Google's yet. Also check out this video (ht Driverless Car HQ) from the University of Texas at Austin illustrating "autonomous intersection management." When crossing an intersection no longer relies on human reaction times, we'll never have to wait at traffic lights again. Starting at about 0:51 in the embedded video, you can see their simulation of what that might look like. (I hope driverless cars come with tinted windows!)



6. Moore's Law is a little more secure now. With electronic computers projected to hit up against hard physical limitations within a decade or so, quantum computers have taken a step closer to replacing electronics. A collaboration including Simon Fraser University was able to keep qubits embedded in silicon stable for over three minutes. That shatters the previous record of just a few seconds and opens the door to hybrid electronic-quantum computers.

7. Those with leprosy will be cured, but also, burn victims. A three-year-old South African girl is recovering from severe burns to more than 80% of her body thanks to new skin grafts cloned from her own skin in Boston, then flown to her hospital in Johannesburg. This story highlights not only the great potential of cloning technologies for medical use, but the increasingly globalized scope of medical care.

8. Need even more optimism? Joshua at PostLibertarian has five more reasons for optimism.

Tuesday, April 17, 2012

The Undiscovered Country and the Final Frontier

Tom Murphy at his Do the Math blog recounts a conversation between an "Exponential Economist" and himself, a "Finite Physicist" (ht Marginal Revolution). Murphy's basic point is this:
Earth’s physical resources—particularly energy—are limited and may prohibit continued growth within centuries, or possibly much shorter depending on the choices we make.
As the discussion continues, Murphy settles on something of an upper limit to growth at around 400 years, which roughly corresponds to two limits. First, in about 400 years the waste heat from our energy use will be so great as to raise the average temperature of Earth to the boiling point. Second, in about 400 years, the energy we use will reach the "total solar input striking Earth."

There are a few specific problems with his argument that need to be countered.

I) The economist in Murphy's discussion says that economic growth is not equivalent to energy growth, and that growth in both GDP and utility can continue even if energy use stagnates. Murphy hand-waves this away by insisting that energy underpins the entire economy and that it will drag down the rest of the economy when it stagnates. Robin Hanson at Overcoming Bias and the commenter Vaniver on Hanson's post both raise direct critiques of Murphy's point. Vaniver points out that even with a constant quantity of energy, the price and therefore percentage of real GDP of energy can continue to rise. Hanson shows mathematically that even if one economic factor is held constant, the economy can continue growing as long as any other factor continues to grow. Hanson agrees that exponential economic growth will eventually cease, but only because he expects "diminishing returns to everything," not just energy or other physical resources.

II) Both of Murphy's above limits rest critically on the assumption that the discussion remains "grounded to Earth," that there is no "exodus to space, colonizing planets, living the Star Trek life, etc." When the economist for whatever reason accepts this assumption, Murphy says he sighed in relief that he wasn't dealing with "a space cadet." Indeed, in a previous blog entry, Murphy had derided the idea that we'll leave Earth as "escapism." You can read his full argument for why we won't go into space at the above link, but it basically amounts to two ideas: space is really, really big ("You just won't believe how vastly, hugely, mindbogglingly big it is," as Douglas Adams would say), and all the good stuff is here on Earth, so why would we even want to leave?

In other words, if we never leave Earth, we'll be doomed to economic stagnation; but we'll never choose to leave Earth, because there's no reason to. Well call me a space cadet, but the counterargument is obvious. If the only way to achieve economic growth is to go into space, why would we ever stay on Earth? Indeed, the more we find ourselves constrained by Murphy's energy limits, the more we will want to go to space and the more resources the market will make available to do so.

His two constraints on energy are easily overcome by a space-based civilization. First, the waste heat of energy use is far easier to get rid of in the depths of space than in Earth's atmosphere; here, the bigness of space works to our advantage. Waste heat is only a constraint if we stay on Earth, which no doubt is why Murphy is so keen to stay on Earth in the first place. Second, there's no reason at all to think that a space-based civilization would be limited to the amount of energy in the sunlight that strikes Earth. The total energy output of the sun is about 2.2 billion times the amount that hits Earth. Even if we don't leave the solar system, and even if we don't become any more energy-efficient than we are right now, that would give us quite a few centuries of extra growth. Even modest gains in energy efficiency will add millennia of extra growth before we hit the limit, and non-solar sources of energy will extend that even further.

Murphy might counter that the space age is over; we once went to the moon but haven't been back for decades, and now even the shuttle will never take flight again. This, of course, ignores the continuing advances being made by other countries and even private organizations, at a time when the only real economic value in space comes from tourism and national bragging rights. By the time Murphy's constraints begin to come into play, there's no reason to think that we'll still be constrained to Earth. A few centuries from now, we could easily be more of a space-based species than a planet-based one, especially once you consider likely advances in genetics and cybernetics that will help us adapt to life in space.

III) In contradiction to Cowen's and Hanson's summaries, Murphy's point is not that exponential growth will stop, but that all growth will stop. He doesn't say our limited resources may prohibit exponential growth, but rather, they "may prohibit continued growth." His epilogue makes it clear that he foresees "a model in which GDP is fixed—under conditions of stable energy, stable population, steady-state economy."

Other commenters on Hanson's post suggested that space only provides linear expansion opportunities, and that we would eventually outpace the speed of light if we grew exponentially. Once our civilization becomes large enough, this is true. If the speed of light is as fundamental a constraint as physicists believe, we will eventually run up against it. But once we've extended our growth limit to the speed of light itself, I think it's fair to say that Murphy's limit of "centuries, or possibly much shorter" has been soundly defeated. Moreover, growth even at some fraction of the speed of light is still growth! We're not going to hit that "steady-state economy" until the accelerating expansion of space pushes all other galaxies beyond the edge of the visible universe in a trillion years or so. Maybe I'm just short-sighted, but that's far enough in the future that it's not gonna keep me up at night.

(Translated from Trek-ese, the title of this post is, of course, The Future and Space.)

Thursday, April 5, 2012

Great Recession Optimism

Art Carden at Forbes (ht Cafe Hayek) says things aren't that bad:
Even though “worst ___________ since the Great Depression” has made the rounds a few times, the sheer economic cataclysm we would have to suffer in order for average people to return to the standards of living of the 1970s—to say nothing of the Great Depression—would be many times more severe than the Great Recession.
Arguing against the notion that capitalism is in crisis, he points to some of the same data that I've pointed to in the past, saying "Real per-capita Gross Domestic Product is a lot higher than it was in 1960, 1970, 1980, 1990, or 2000." He also appeals to observations about technology, including his ability to write the article on a plane, the near-ubiquity of smartphones, and even Robert Reich saying things aren't getting better in a Youtube video.

Carden's message that things are pretty good despite the cries of a "crisis of capitalism" reminded me of this bit on Conan where Louis C.K. says basically the same thing: "Everything is amazing right now and nobody's happy."




Thursday, March 29, 2012

The Lame Walk...

Okay, not "walk" exactly, but even so, this is another example of technology greatly improving the lives of the least fortunate. In this case a man paralyzed five years ago, Yusuf Akturkoglu, has regained a great deal of his mobility through a piece of technology called a "Robotic Mobilization Device."



On a related note, the video below shows Google's self-driving car allowing a blind man, Steve Mahan, to go through the Taco Bell drive thru and pick up his dry cleaning. These are just banal, everyday things for most of us, but that's the point-- for the blind, they're not. Mahan says, "There are some places that you cannot go. There are some things that you really cannot do... This would give me the independence and the flexibility to go the places I both want to go and need to go when I need to do those things."



Now, these videos were produced by the companies, Tek and Google, that make these two technologies. These are basically just two long ads; take them with the same pinch of salt you'd take with any advertisement. Even so, it's hard not to get excited. As technology advances, we are approaching a world where physical disabilities no longer matter.

Thursday, March 22, 2012

17 Reasons to be a Rational Optimist

Matt Ridley, author of The Rational Optimist, was recently interviewed by Reader's Digest, leading to an article listing "17 reasons it's a great time to be alive" or "17 reasons to be cheerful." (The first link leads to the Reader's Digest article, the second to Ridley's blog about the article.)

The list includes a couple points I've made here, and lots more. He says the environment is better than we think, partly thanks to urbanization, partly thanks to technology, especially in agriculture. Also, despite inflation, many things cost far less than they used to. In 1800, an hour's light cost the average person six hours' worth of wages, while today it costs half a second.

By all means, read the full list. As Ridley says, "The world has never been a better place to live in, and it will keep on getting better."

Some other choice quotes:
  • "Self-sufficiency is poverty."
  • "It's easier to wax elegiac for the life of a pioneer when you don't have to use an outhouse. The biggest-ever experiment in back-to-the-land hippie lifestyle is now known as the Dark Ages."
  • "The more we prosper, the more we can prosper. The more we invent, the more inventions become possible. The world of things is often subject to diminishing returns. The world of ideas is not: The ever-increasing exchange of ideas causes the ever-increasing rate of innovation in the modern world. There isn't even a theoretical possibility of exhausting our supply of ideas, discoveries, and inventions."

Sunday, March 11, 2012

The Blind Receive Sight...

I don't often talk religion in this blog, but for some time, I've been mulling over an idea that might brand me a heretic in some circles. Since it's related to optimism, I think this is an appropriate place to share it, so I hope you'll indulge me.

There's a story in the gospels, found in both Matthew 11:2-6 and Luke 7:18-23, where John the Baptist, imprisoned and soon to be executed, has a moment of doubt about Jesus. He sends two of his followers to Jesus to ask if he was actually the Messiah: "Are you the one who was to come, or should we expect someone else?"

Jesus' response at first seems bizarre: "Go back and report to John what you hear and see: The blind receive sight, the lame walk, those who have leprosy are cured, the deaf hear, the dead are raised and the good news is preached to the poor." This seems bizarre at first because we expect a yes or no answer, and it seems like Jesus is changing the topic. But a first century Jew would have recognized the claims Jesus was making. Every item on Jesus' list referred to Messianic prophecies in the Old Testament book of Isaiah. Jesus was effectively saying, "These are the things Messiah was prophesied to do. Look around and see; I'm doing them."

Why do I bring this up? Well, let's go through this list one at a time:
  • The blind receive sight -- Check, thanks to stem cells and gene therapy.
  • The lame walk -- Check, thanks to both medical treatments and robotic legs.
  • Those who have leprosy are cured -- Check; when was the last time you heard of someone with leprosy? Even taking "leprosy" in the broader sense of "any skin disease," we can now grow human skin in a lab.
  • The deaf hear -- Check, in the most adorable way possible.
  • The dead are raised -- Alright, that's one we don't have yet, and I wouldn't hold my breath for cryogenics.
  • The good news is preached to the poor -- Check, given current poverty trends, and Peter Diamandis' observation that "a Masai warrior on a smartphone can access more information than the US President 15 years ago."
What does all this mean? Well, we can't raise the dead, so I wouldn't be looking around for a new Messiah. But it is still an astonishing fact that we have achieved five of the six signs of the Messiah's coming through technology and human innovation. These are things that were once considered so outlandish that they could only be miraculous, yet they are now possible through modern technology. And this isn't speculation or wishful thinking. Real people who were once blind can now see. Real people are using medical exoskeletons to walk when their own legs have failed them. Real babies born deaf are now given implants so early that they will never remember being deaf. It really is true-- there's never been a better time to be human.

Optimism Week

This week saw quite a few optimistic stories in the news and the blogosphere, so I thought I'd bring them together in one place here.

Over at The Economist, the Schumpeter blog highlights two new books, Abundance: The Future is Better Than You Think by Peter Diamandis and Steven Kotler and The Creative Destruction of Medicine: How the Digital Revolution Will Create Better Health Care by Eric Topol. According to The Economist, "These books are a godsend for those who suffer from Armageddon fatigue."

For more on Peter Diamandis, see the one-minute video Evidence for Abundance embedded below. For even more, check out his 16-minute TED talk, where he points out the progress we've made over the last hundred years, and makes the case for future abundance in energy, water, communications, health and education.


The Economist (ht PostLibertarian) also ran a story this week with the tag-line "For the first time ever, the number of poor people is declining everywhere." That tag-line is a bit misleading-- it may be "the first time ever," but the global decline in poverty has been going on since 2005, a point I've raised before.

The optimism hasn't been limited to The Economist, however. New Scientist ran several features this week focusing on optimism in "the deep future." These range from the availability of natural resources to why we won't kill ourselves off. One of them even includes a tag-line guaranteed to tickle my mood affiliation: "The more optimistic we are about the future of our species, the better we can focus on today's challenges." Although some of those stories are slated to drop behind a paywall soon, NS's non-paywalled blogs were also optimistic this week.

It doesn't end there. Charles Kenny at Foreign Policy magazine (ht To Get Rich is Glorious) notes that pretty much all of us here in the West are in the top 1% globally. They say, "America's rich are really, really rich," but "by global standards, America's middle class is also really, really rich."

Finally, David Boaz at Cato@Liberty points to George Vanderbilt, one of the richest men of his time who despite a massive library and music collection, had less access to books and music than today's internet-connected poor. He also mentions JFK's son Patrick, who was born to the most powerful man on Earth yet died in infancy from a condition that would be "routine" to cure today.

If you've seen any optimistic news lately, please let me know about it in the comments!

Sunday, November 13, 2011

Less Poor than Ever Before


This is old news, but I recently rediscovered the Brookings Institution's "Poverty in Numbers" report [PDF] thanks to Bryan Caplan. The results of their analysis are so stunning that they bear repeating.

In 2005, over 1,300 million people lived in extreme poverty, defined by Brookings (and the World Bank) as living on less than $1.25 a day. By 2010, that number had fallen to less than 900 million, and if trends continue, that will fall to less than 600 million by 2015. Considering that this is happening while the human race is adding about a billion people per decade, this should put an end to Malthusian fears of overpopulation once and for all.

Expressed as a percentage of the population, the trend is even more astonishing. In 1981, the global poverty rate was higher than 50%. In 1990, when the UN established the Millennium Development Goals, the poverty rate had fallen to 41.6%. The MDG target of 20.8% by 2015 was already met in 2008. According to Brookings, in 2010 the poverty rate was 15.8%, and if trends continue, that will fall to only 9.9% by 2015.

To put that another way, not only have we achieved the Millennium Development Goal of halving the global poverty rate seven years early, but we are on track to halve it again by the MDG's deadline.

Not only is the overall poverty rate falling, but poverty is falling in every region studied by Brookings. The slowest progress is in Sub-Saharan Africa, but even there we have reason for optimism. For decades, the number of poor in Sub-Saharan Africa just continued to grow. Since 2005, for the first time on record, the total number of poor in that region has fallen. Also for the first time on record, the Sub-Saharan poverty rate fell below 50% between 2005 and 2010. If trends continue, it will fall below 40% by 2015.

It's worth noting that this is not a pre-recession report painting an overly rosy picture. The result was released in January 2011, and these results are despite an extra 64 million people kept in extreme poverty by the Great Recession. As the report says, "if not for the financial crisis our results would be even more dramatic than they are."

To emphasize just how dramatic these results are, the global poverty rate is lower than at any other point in human history. There has truly never been a better time to be human.

Monday, October 10, 2011

Music Monday: Occupy Wall Street

Via To Get Rich is Glorious, an appropriate anthem for the Occupy Wall Street folks:



The best lines (despite rhyming "age" with "age") are reminiscent of my previous entry:
...At what point in history could a kid and a king 
both have clean water to drink?
George Washington was the richest man of his age 
But he lost all his teeth at a very young age 
Because they didn't have Scope and they all crapped in trays. 
We're not wealthy?

Now there's fountains on streets
from which clean water pours.
Four dollar generics
at all big box stores.
A sultan and student
both have iPhone 4s.
It's not fair
...

(The full lyrics are available on YouTube.)

Richer than Ever Before

There has never been a better time to be human. Even in the depths of the global Great Recession, average per capita incomes are higher than they have been for most of human history. This is true in rich and poor countries alike, and within developed countries it's true at all income levels. The rich are getting richer while the poor and middle class are getting richer too!

It's true, the last couple years have been a struggle for many around the world. Lots of people, including me, lost their jobs to the Great Recession. However, despite the hardships of the last couple years, we are still living in the greatest era in human history.

According to the World Bank, world GDP per capita in 2010 was $6,035, which is 99.77% of 2008's peak of $6,049. (All dollar amounts in this entry are expressed in constant 2000 US dollars.) GDP per capita in 2010 was 3.04% higher than in 2009, nearly twice the 1970-2008 average of 1.60% growth. The world economy is well on the way to recovery, and there's every reason to expect 2011's GDP per capita to be higher than ever before.

The Great Recession is clearly visible in the graph to the right, as are a handful of other global recessions and slowdowns over the past forty years. The Great Recession is clearly the sharpest decline the world has seen lately, and GDP per capita in 2009 was less than it had been in 2006. Even so, incomes were 2.59% higher in 2009 than in 2005. Indeed, in 2006, for the first time in human history, the average human being earned $16 per day. The average person has not earned less than $16 per day since 2005. To put that another way, the five most prosperous years in human history so far were 2006, 2007, 2008, 2009 and 2010.

This is especially true for the low- and middle-income countries, who as a group have not seen a decline in GDP per capita since 1983. The 2010 GDP per capita of $1,834 was the highest ever recorded for this group of countries, and a full 6.26% higher than the previous record set in 2009. The past decade in particular has seen incredible growth, averaging 4.53% growth in GDP per capita per year. Income per person in 2010 was three times higher than in 1969.

An income of $1,834 per year might not sound like a lot to those of us in first-world countries. Indeed, it's just a little more than $5 per day. But 2010 was the first year ever when the average person in these countries earned $5 per day. It's not a lot, but it's more than they have ever had before. As an indication of just how fast the poor countries are joining the rich, the $4-per-day threshold was first passed as recently as 2006, and the $3-per-day threshold in 1998.

The Great Recession has hit high-income countries much harder than low- and middle-income countries. GDP per capita in high-income countries was still 2.23% lower in 2010 than the 2007 peak of $28,095. Per capita incomes were higher in 2006, 2007 and 2008 than they were in 2010, and even 2005 was higher than 2009.

However, the hardships of the last few years have not undone the prosperity we have achieved. At the lowest point of the Great Recession, in 2009, income per person in high-income countries was $26,807. This was a full 6.92% higher than the heights of the dot-com bubble in 2000. As this video posted by Greg Mankiw notes, "Even after the worst financial crisis since the 1930s, US per capita income is still higher than at the peak of the 1990s boom."

We are also on the road to recovery; incomes grew 2.47% between 2009 and 2010. If we achieve a similar level of growth in 2011, we will set a new record for the most prosperous year ever. Even if we don't set a new record, GDP per capita in the high-income countries will still be twice what it was in the mid-1970s.

Despite the great recession, incomes are at or very close to the highest they have ever been for most people around the world. This is especially true for poorer countries, but it's also true for the recession-ravaged wealthy countries. No generation in human history has had it better than we do. There has never been a better time to be human.