Posters and book created by Jeremy Christopher found via Datavisualization.ch

The poster is one of several which explain the history, value, and composition of the FTSE 100. It is rare that I see basic financial data visualized with this much attention to the aesthetics of the design.

The book pages layer to create the center color circles which represent the sectors weightings which I though was clever.

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From Booth’s Poverty Map found at Charles Booth’s Online Archives

This is just a snapshot of the full map. In particular I was interest in the legend which goes from Black: “Lowest class. Vicious, semi-criminal” all the way up to Yellow: “Upper-middle and Upper classes. Wealthy.”

Current map

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From David McCandless’s DataBlog in the Guardian.

Visualizing the proposals to reduce the deficit from three of the main political parties in the UK:

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Created by Joe Swainson, recent graduate of University Arts London (Camberwell College). He created this poster to show the shift in our world economy with emergence of certain markets. Countries covered are: United States, Japan, Germany, United Kingdom, France, Italy, Russia, Brazil, India, China. Data sources are United Nations historical data and Goldman Sachs forecasting data.

Each circle represents the size of the nation’s economy every decade from 1970 to 2050. The countries are ranked by GDP each decade from largest to smallest. Pay attention to the forecast for China, India and Brazil

If you are interested in having your work posted to Visualizing Economics let me know. Send me an email at catherine[at]visualizingeconomics.com with an example and explanation of your design, the source of your data and a link to your web site.

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Part of my interest in visualizing economic data comes from my belief that interaction and information design has a lot to offer the public sector in providing a better access to the data the government collects about itself and the society at large. But there are people currently looking at design’s impact in delivering government services. This is happening in the United Kingdom though an organization called the Design Council which is funded by the UK government, and promotes the use of design in both businesses and public services. The goal is to “demonstrate that design can play a vital role in strengthening our economy and improving our society”. My hope is that one day this type of organization will exist here in the US.

Here is an introduction to their design process from their web site.

Discover
The first quarter of the double diamond model marks the start of the project. This begins with an initial idea or inspiration, often sourced from a discovery phase in which user needs are identified. These include:

• Market research
• User research
• Managing information
• Design research groups.

Define
The second quarter of the double diamond model represents the definition stage, in which interpretation and alignment of these needs to business objectives is achieved. Key activities during the Define stage are:

• Project development
• Project management
• Project sign-off.

Develop
The third quarter marks a period of development where design-led solutions are developed, iterated and tested within the company. Key activities and objectives during the Develop stage are:

• Multi-disciplinary working
• Visual management
• Development methods
• Testing.

Deliver
The final quarter of the double diamond model represents the delivery stage, where the resulting product or service is finalised and launched in the relevant market. The key activities and objectives during this stage are:

• Final testing, approval and launch
• Targets, evaluation and feedback loops.

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Department for Work and Pensions: Statistics for Households Below Average Income and Income Inequality in the United Kingdom

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I am revisiting my previous graph United States vs Great Britain: Income and Population since 1500. In my original graph, I placed population on the y-axis which emphasizes its dramatic growth in the US. In the new graph, I placed GDP per Capita on the y-axis which emphasizes the growth in income in both countries. Take a look below at both versions and let me know which you prefer:

New Version: GDP per Capita on the y-axis {Click on the image to take a closer look}

Original Version: Population on the y-axis {Click on the image to take a closer look}

See also:
United States: 500 Years of Income and Population Growth
Comparing Population Growth: China, India, Africa, Latin America, Western Europe, United States
China: 2,000 Years of Income and Population Growth
Last 2,000 years of growth in world income and population

Data estimates for population from Angus Maddison Emeritus Professor, Faculty of Economics, University of Groningen.

[tags]population, income, United States, United Kingdom, Great Britain[/tags]

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Comparing United States vs Great Britain’s income and population over the last 500 years shows how the US eventually over took Britain. Keep in mind that GDP per Capita for both countries are in 1990 international Geary-Khamis dollars, calculated from purchasing power parities (PPPs) of currencies and average prices of commodities.

{Click on the image to take a closer look}

See also:
United States: 500 Years of Income and Population Growth
Comparing Population Growth: China, India, Africa, Latin America, Western Europe, United States
China: 2,000 Years of Income and Population Growth
Last 2,000 years of growth in world income and population

Data estimates for population from Angus Maddison Emeritus Professor, Faculty of Economics, University of Groningen.

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Here are two maps showing Britain’s wealthiest and poorest households. (Unlike some of the previous maps I have posted about the US, this map of the UK relies on assets rather than income to determine who is rich and who is poor). I found this via the BBC from a Joseph Rowntree Foundation study: Poverty and wealth across Britain 1968 to 2005 Unlike the US, there seems to be very little rural poverty in the UK.

See also: United States Poverty Map
United States Household Income Map
[tags]BBC, Britain, UK, Wealth, Poverty[/tags]

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I created these graphs to show the change in the share of income going to the top 0.1%, comparing the United States to Canada, United Kingdom, France, and Japan from 1913-2004.

{Click on the graph to take a closer look}

The effect by the two World Wars is clear but what is more subtle is the effect on the share of income going to the very wealthy due to the change in the top income tax rate. This could be due to attempts by the very wealthy to hide their income from the IRS or else having a higher tax rate will impact the distribution of income or both. I didn’t have the marginal rates for the other countries but it would be interesting to see if they have a similar relationship between the share of total income captured by the Top 0.1 percent and income tax rates.

The income data can be found here on Emmanuel Saez’s web site. I found the marginal tax rate for the United States in the SOI Bulletin Historical Table A at the IRS site via truthandpolitics.org

[tags]income distribution, marginal tax rate[/tags]

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