Look at median, and not mean GDP per capita

Re:Look at median, and not mean GDP per capita by EdwardDiego on Sunday August 07, 2022 @08:23PM (#32381266)

> GDP isn't income at all, they're completely different metrics.

Not exactly, according to the OECD.

https://stats.oecd.org/glossary/detail.asp?ID=1163

> Gross domestic product is an aggregate measure of production equal to the sum of the gross values ... or the sum of primary incomes distributed by resident producer units.

I guess it's more nuanced, but I don't have a PhD in economics like the author.

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Re:Look at median, and not mean GDP per capita by shric on Sunday August 07, 2022 @08:38PM (#32381330)

> I guess it's more nuanced, but I don't have a PhD in economics like the author.

English is funny. I knew exactly what you meant and I'm not saying it's wrong, but it would be read completely the opposite if you had said:

I guess it's more nuanced but, like the author, I don't have an PhD in economics.

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Re:Look at median, and not mean GDP per capita by sdenton4 on Sunday August 07, 2022 @08:46PM (#32381361)

Per the 'about' page, the author of the blog post does in fact have a PhD in economics.

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Re:Look at median, and not mean GDP per capita by cornstalks on Sunday August 07, 2022 @09:07PM (#32381473)

I think shric was just remarking that English is funny because you can take the exact same words of a sentence and rearrange them a bit so it means the opposite.

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Re:Look at median, and not mean GDP per capita by naniwaduni on Sunday August 07, 2022 @09:33PM (#32381617)

Most sentences can be rearranged to mean the converse. This is cross-linguistically pretty common, depending on which atoms you choose to rearrange. Most sentences can be negated with at most a couple of word changes. This is cross-linguistically about as universal and anything in linguistics is, again depending on which atoms you choose as "words".

English isn't funny, humans are funny, building all sorts of redundancy into their languages, but then reversing polarity on a dime.

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Re:Look at median, and not mean GDP per capita by EdwardDiego on Monday August 08, 2022 @02:40AM (#32382925)

Not sure how you'd rearrange the same sentence in German to reach the negation without having to change cases and grammatical roles.

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Re:Look at median, and not mean GDP per capita by michaelgrafl on Monday August 08, 2022 @03:26AM (#32383118)

Komm, wir essen, Opa.

Komm, wir essen Opa.

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Re:Look at median, and not mean GDP per capita by shric on Sunday August 07, 2022 @08:48PM (#32381376)

Yes, that's why I said "I knew exactly what you meant and I'm not saying it's wrong"

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Re:Look at median, and not mean GDP per capita by fuckstick on Sunday August 07, 2022 @09:23PM (#32381564)

> like the author, I don't have an PhD in economics.

Then you would say “unlike the author” - that’s what is confusing people.

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Re:Look at median, and not mean GDP per capita by shric on Sunday August 07, 2022 @09:29PM (#32381599)

Yes, that was my entire point.

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Re:Look at median, and not mean GDP per capita by renewiltord on Monday August 08, 2022 @02:30AM (#32382874)

Sounds like a characteristic of nearly any language with positional negation.

P => !Q

Can be rearranged to mean so many weird things.

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Re:Look at median, and not mean GDP per capita by nine_k on Monday August 08, 2022 @08:20AM (#32384607)

GDP is a measure of all exchanged values.

Income is a measure of retained value after all exchanges have had place.

If I buy a truckload of ice cream for $1000, sell it for $2000, and pay the trucker $200, the GDP is increased by $1000 + $2000 + $200 = $3200, while my income is merely $1000, and the trucker's, $200. Our profits are even lower; mine is $800, and the trucker's is $200 minus fuel costs and road tolls.

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Re:Look at median, and not mean GDP per capita by oli5679 on Monday August 08, 2022 @08:25AM (#32384648)

Gdp in your case is $2000, and so is aggregate net income if you account for the person who put the ice-cream in the truck.

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