Tag Archives: GDP growth

What is the elephant chart?

Thought-provoking. I first read about the “elephant chart” in Edward Luce’s The Retreat of Western Liberalism (affiliate link), where the author explained how income inequality was a key factor in the global rise of protectionism and angry populism. Surprisingly, the middle class of rich OECD countries were the one who felt disenfranchised, left behind, and generally unloved.… Read More »