On Mon, Mar 21, 2016 at 11:37 AM, Eugene Coyle <[email protected]> wrote:

> Raghu, I apologize for any unkindness.  As for being unfair, perhaps we
> were always looking at this from different perspectives and seeing
> different things.
>


Dear Gene,
No apology necessary. Just pointing out that in this instance, we are
talking past each other - and that's perfectly ok - because we happen to be
interested at the moment in different questions.
-raghu.





> On Mar 21, 2016, at 7:56 AM, raghu <[email protected]> wrote:
> >
> > On Sun, Mar 20, 2016 at 8:48 PM, Eugene Coyle <[email protected]> wrote:
> > Yes, but is the problem different for Per Capita GDP?  What is it the
> reader is supposed to do with these numbers??  Talk about how rich or how
> poor a particular geographical location is?
> >
> >
> > Gene,
> > You are being extremely unfair and unkind here. I have patiently pointed
> out that yes, "Per Capita GDP" is indeed different in the sense that one
> can define it precisely unlike "median GDP". Nathan  Tankus said it very
> well earlier in the thread in case my own explanation was unclear.
> >
> > I have also explicitly and painstakenly pointed out that my query here
> is a narrow technical one. I think I made it very clear that I was not,
> repeat NOT, arguing that "per capital GDP" was a useful or meaningful
> number.
> >
> > I see you now arguing that narrow technical discussions have no place on
> PEN-L. Either that or you are asking me to defend a claim that I never made.
> > -raghu.
> >
> >
> >
> >
> >
> > > On Mar 20, 2016, at 10:16 AM, raghu <[email protected]> wrote:
> > >
> > > On Sun, Mar 20, 2016 at 12:08 AM, nathan tankus wrote:
> > > "I am afraid I am still confused. My question is a purely technical
> one: how do you define median GDP?"
> > >
> > > the point I think Raghu is making is you can assign personal income
> and benefits to individuals but you can't assign plant and equipment, parks
> and roads, exports and imports to individuals for the purposes of a median
> measure. median personal income and median personal disposable income are
> workable concepts.
> > >
> > >
> > > Precisely!
> > > -raghu.
> > >
> > >
> > >
> > >
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