Word: capita
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...last major quake to hit Port-au-Prince was in 1751.) There will, of course, be the apologists who insist it's unfair to compare a basket case like Haiti, the western hemisphere's poorest country, with a showcase like Chile, which has Latin America's highest per capita GDP and is set to become the first South American member of the exclusive, Paris-based Organization for Economic Cooperation and Development (OECD). Chile can do things right, Haiti defenders argue, because it's more developed...
Using U.S. Census data from 2008, Portfolio.com surveyed the nation’s 420 biggest cities with populations above 75,000 and ranked their relative wealth based mostly on income and real estate prices. Cambridge came out as the 21st wealthiest center, with a per capita income of $47,938, almost twice the national average of $27,589. And how expensive exactly is a house in Cambridge? With the median price of homes hitting about $579,700, Cambridge is also the third most expensive city in the Northeast region...
...helps that Qatar sits on a massive natural gas field. The country is the world's third largest producer of natural gas, behind Russia and Iran and, with a population of just 1.5 million, has one of the highest per capita incomes in the world. That wealth has allowed Qatar's rulers to chart a pragmatic and flexible foreign policy that has them making friendly with Iran and Syria while hosting American military forces. Now the country wants to become a regional cultural and media hub. Last year Qatar hosted a version of the Tribeca Film Festival, while private investors...
...does the U.S. fare in HPI terms? Not so good. It sits pretty far down the list at 114. The U.K. is 74, behind Germany, Italy and France. Topping the chart is Costa Rica, which has long life expectancy, high life satisfaction, and a per capita ecological footprint one-fourth the size...
What exactly have we been fetishizing? Basically, market activity and growth. The GDP, generally expressed as a per-capita figure and often adjusted to reflect purchasing power, represents the market value of good and services produced within a nation's boundaries. Sounds reasonable. Until we consider what it doesn't measure: the general progress in health and education, the condition of public infrastructure, fuel efficiency, community and leisure...