Living Standards

Economy

Russia Moving Into The Fastlane

One of the most reliable indicators of influence is access to cars. They are the standard symbol of affluence and middle-class status the world over. They are also far more understandable at the everyday level than things like the PPP GDP per capita, or the number of burgers your national McWage will buy. Following on […]

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Society

Russia Is Now An Internet Society

One of the most common arguments made to explain why Russians don’t finally overthrow the evil Putin in a bloody bunt is that they are brainwashed by the regime’s TV propaganda stations. This isn’t actually very accurate at all. Russian TV isn’t any more propagandistic than in the West, and on some issues, less so;

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Economy

Russian Wages Are Fast Converging To Western Levels

Via The Economist, I’ve come across some fascinating research by Orley Ashenfelter and Stepan Jurajda (Comparing Real Wage Rates, 2012) showing how real wages can be meaningfully compared across different regions by taking notes on prices and wages in McDonald’s restaurants. The methodology seems solid. Big Macs are a very standardized product, hence they are already

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