News for hackers. Stuff that matters.

A comment on Svalbard is as close as you can get to a place with open borders. Parent comment

Re:Svalbard is as close as you can get to a place with open ... by snowwrestler on Thursday August 08, 2019 @03:16PM (#20647623)
I would not characterize it as the "usual" way of comparing incomes. It's useful in some contexts but the adjustment can mask differences in local quality of life that matter to people.
[ Parent | on HN ]
Re:Svalbard is as close as you can get to a place with open ... by rayiner on Thursday August 08, 2019 @03:27PM (#20647734)
When comparing countries, as I said, the basis of comparison is almost invariably PPP GDP per capita, not nominal GDP per capita.
[ Parent | on HN ]