Quote, Unquote

Like human resources, the Democrats are a party of norms, procedure, bureaucracy, DEI initiatives, rule following, language policing, and compliance. It is in this way that the Democratic Party feels not so much infuriating and threatening, but just kind of an annoying bummer.
~ Mike Pesca

via The HR-ification of the Democratic Party
published by The Atlantic on November 12, 2024

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Campus Trivia Night

Question: What has been the change in Peru’s per capita GDP in both nominal and PPP terms – expressed in US Dollars – since 1995?

Via IMF datasets for Nominal GDP and PPP GDP respectively.

Year Nominal GDP per Capita (USD) GDP per Capita (PPP) (USD)
1995 $2,118 $4,151
2000 $1,922 $4,736
2005 $2,642 $6,149
2010 $5,011 $9,271
2015 $6,155 $11,960
2020 $6,131 $12,367
2025 (Est.) $8,261 $17,320

Harvard economist Melissa Dell is a John Bates Clark Medalist known for her rigorous research on the Peruvian economy. She is best recognized for her pathbreaking work on how historical institutions, such as the colonial mita mining system, shape Peru’s contemporary economic and social outcomes. Her research explores the intersection of economic history and development, specifically analyzing how sub-national institutional variations influence long-run prosperity in the Peruvian highlands.

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