We are Better Off Now Than Anytime in History and The World is Progressively Getting Better - 21 Charts Which Objectively Demonstrate This

Wednesday, December 26, 2018 |

Between cable news, social media, and the profitability of selling fear, it's easy to get lost in the noise and think the world is in a bad place.  It also doesn't help that the market has been more volatile.

In spite of all that, we are objectively much better off now than ever before.  I wanted to end 2018 on a high note and illustrate that fact.  Hopefully the next time it begins to feel like the world is coming to an end, this will provide you with a more positive (and realistic) perspective and context from which to view it...

1.  The share of the world population living in extreme poverty is massively declining.

(Source: World Bank)
2.  Globally there are greater human rights protections.

3.  A greater number of people are living under democracies. 
(Source: OWID)
4.  More people across the world can read and write.
(Source: CIA, WDI)

5.  Each year less and less children are in the labor force.
(Source: Basu)

6.  We are living a lot longer, even when removing the massive decrease in child mortality.
(Source: World Bank)
7.  And as noted above the infant mortality rate is also massively lower.

(Source: The World Bank)

8.  Clean water is available to most of the world population and there are less people over time who don't have access to it.
(Source: World Bank)
9.  We no longer die from Tuberculosis and the charts look similar for small pox, measles, polio, and others with advances in medicine. 
(Source: Wiki)

10.  Cars are a lot safer to drive.
(Source: Dennis Bratland)

11.  Likewise, natural disasters don't kill people like they used to.
(Source: Max Roser)

12.  Almost 80% of Americans have the entirety of human knowledge at their fingertips (i.e. smartphones).
(Source: Pew Research)

13.  In 1800 it would take 6 WEEKS to get from New York to Chicago.  It now takes about 2.5 HOURS (Source: Google Flights).
(Source: AEI)

14.  Nobody is really at war anymore.
(Source: Steve Pinker)
15.  There are way less nuclear warheads laying around.

16.  In the US, violent crime is way down.
(Source: FBI)
17.  Given #16, not surprisingly less people are getting murdered.
(Source: FiveThirtyEight)
18.  We are producing a lot more food.
(Source: FAO)
19.  But don't need as much labor to produce food.
(Source: Harrendorf)

20.  And as a result we spend way less money on food.
(Source: AEI)
21.  In the US we have more dogs and who doesn't want more good boys and girls?
(Source: Statista)
The views and opinions expressed herein are those of the author(s) noted and may or may not represent the views of Capital Analysts or Lincoln Investment.