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The Poor Rich Nation Blog

Joseph Francis

I’m writing a book on the political economy of Argentina

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PricingOnly free issuesPublishesTwice weekly
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Latest Issues

Recent posts by this newsletter. Browse the email archive.

When nominal beats purchasing power parity

Economists like to adjust GDP statistics for purchasing power parity (PPP) because it gives an indication of the relative levels of welfare between two countries. There is a case to be made, however, for using nominal measures that have not...

2 months ago
2
0

A New Zealand-shaped spanner

In yesterday’s post, I pretty much convinced myself that Argentina’s terrible politics—AKA, its “institutions”—were responsible for the country’s relative decline. But a spanner was then thrown in the works of my mind. It came in the shape ...

2 months ago
4
0

Argentina/United States and Argentina/Australia updates

I have made some further revisions to my estimates of Argentina’s GDP statistics at purchasing power parity (PPP). The key difference is that I have used Colin Clark’s estimates of price levels of 1946–1947, then extrapolated back from ther...

2 months ago
3
0

The argument in a nutshell

Today I signed a contract with Polity Press for my book The Poor Rich Nation: Why Argentina Fell Behind. Here’s the argument as I currently see it:

2 months ago
4
4

Authors

The writers behind this newsletter.

  • Joseph Francis

    I’m a historian from Wales.

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