Explaining the European Debt Crisis with LEGO

Via Felix Salmon, JP Morgan put out a note a while back explaining the European Debt Crisis with LEGO.

Key graphic (summary explanation here):

Doom!

Paul Krugman points us to this interesting article in the New Republic.

Dublin in the Cycle Top 10

Good news is always welcome. Dublin is the 2nd most Intelligent Community. Who cares it’s Dublin, Ohio? There is a chuckle in the capital, an opportunity to bitch, and as not too many people know about the other Dublin, its reputation adds to ours.

Dublin (Ireland) is ranked 9th (out of 80) on the list of most Bicycle-Friendly Cities in the world. The Lord Mayor rightly called this astonishing. I agree. Any town (that I’ve visited) in Denmark, Germany, and the Netherlands is more friendly to cyclists, including Hamburg (ranked 13th).

The list was put together by Copenhagenize. They do not reveal their methods. Dublin got 12 bonus points for trying, without which it would not have been in the top 20. Dublin’s high ranking is explained by “a wildly successful bike share programme” (true), “visionary politicians” (since booted out of office) “who implemented bike lanes and 30 km/h zones” (although the 30 km/h zone is fiendishly hard to navigate by bike), and “a citizenry who have merely shrugged and gotten on with it” (although the few available statistics suggest that people cycle less and less).

Copenhagenize claims that “[t]he new cycle track along the [Grand] [C]anal is brilliant”. It sure looks shiny and new. It has a small ridge between the road and the cycle line, the sort that was abandoned elsewhere because if you’d hit it accidentally, you’d go head first into traffic. Right of way is confusing. I use one crossing of the new cycle lane on my way back from work. In the few months since it was opened, I’ve spend some 10 minutes there and witnessed four near misses as cars turn on bikes. Fortunately, Dublin bikes are equipped with above-average brakes.

Copenhagenize has used the old let’s-rank-something trick to generate publicity. Unfortunately, they did not add to our understanding of what makes a city friendly to cycling.

Selected Unemployment Rates

Although there are some problems with the aggregate figures estimated by the CSO from the Quarterly National Household Survey, the percentages provided by the survey have continued validity.  In these cases we can expect that the ‘missing’ 97,000 people who were ‘found’ by the Census will affect both the numerator and denominator. 

Here are some unemployment rates from the first quarter of 2006 up to the second quarter of 2011.  The rates are provided by gender, age, region, education and nationality.  When making overall judgements the size and the labour force participation rate of each group should also be considered but those are not the focus here.

1. Overall unemployment rate

2. Unemployment rate by gender

3. Unemployment rate by age

4. Unemployment rate by education

5. Unemployment rate by region

6. Unemployment rate by nationality

How Europe Sees Itself