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huffingtonpost.com - by David Yanofsky - August 28, 2013

For the first time ever, the combined gross domestic product of emerging and developing markets, adjusted for purchasing price parity, has eclipsed the combined measure of advanced economies. Purchasing price parity—or PPP for short—adjusts for the relative cost of comparable goods in different economic markets.

According to the International Monetary Fund—the supplier of this data—emerging and developing economies will have a purchasing price parity-adjusted GDP of $42.8 trillion in 2013, while that of emerging economies will be $44.4 trillion. In other words, emerging markets will create $1.6 trillion more value in goods and services than advanced markets this year.

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conservatives.com
Rt Hon David Cameron, Tuesday, November 10 2009

Speech (excerpt):

. . . I want to extend and deepen the argument I made in my party conference speech this year, that the size, scope and role of government in Britain has reached a point where it is now inhibiting, not advancing the progressive aims of reducing poverty, fighting inequality, and increasing general well-being. Indeed there is a worrying paradox that because of its effect on personal and social responsibility, the recent growth of the state has promoted not social solidarity, but selfishness and individualism.

But I also want to argue that just because big government has helped atomise our society, it doesn't follow that smaller government would automatically bring us together again. . .

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We yearn for frictionless, technological solutions. But people talking to people is still the way that norms and standards change. Illustration by Harry Campbell.

newyorker.com - by Atul Gawande - July 29, 2013

. . . In our era of electronic communications, we’ve come to expect that important innovations will spread quickly. Plenty do: think of in-vitro fertilization, genomics, and communications technologies themselves. But there’s an equally long list of vital innovations that have failed to catch on. The puzzle is why.

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