“The 5 Most Influential Data Visualizations of All Time” is a great collection of some of the most creative ways to present large volumes of data in such a way that the data tells its own story. When you ponder these visualizations for a few moments, you easily grasp the story hidden in the numbers.
Just in time for Christmas, EconStories imagines their fantasy Christmas album featuring the classic hits from Keynes, Hayek, and other renown singers you know and love.
Enjoy the greatest collection of economic hits ever aggregated.
Remember, the only one who has the power to create presents out of thin air is Santa himself.
If you want a few 20 second explanations of how to slow or increase the economy, check out the new interpretations of your favorite songs of the season.
Link, if you need it: http://www.youtube.com/watch?feature=player_profilepage&v=7uKnd6IEiO0#t=41s
hat tip Cafe Hayek
Last year I created two cartoons about internal controls for local churches. Those cartoons are featured on my other blog, Once Upon Internal Control.
Views on YouTube for all my cartoons have been running about 50 a week during 2012. For reasons I cannot detect, the traffic on the two main cartoons has surged.
In three weeks, there were 363 viewings of part 1. In those same three weeks, part 2 was watched 108 times.
Total views to date for part 1 are 2,030 and for part 2 are 385.
Each cartoon runs about 8 minutes. Here are the cartoons – -
Bank reconciliations and offering count procedures:
Good procedures protect from false accusations:
(Cross-post from Once Upon Internal Control.)
What’s the difference between data, information, knowledge, and wisdom?
John Bredehoft pointed me to an academic definition from Sujatha Das, in her post Difference between Data, Information, Knowledge and Wisdom.
Value increases dramatically with each step up. Knowledge is far more valuable that just information. Wisdom far surpasses knowledge in value.
I think it is a great way for creative visualization of raw data. Good way to help us understand a mass of numbers.
What does an auto-written article look like?
Here are a few examples I found. They are all on the Forbes website, where Narrative Science is credited as the author.
I enjoy watching for creative ways to explain things.
I’ve discussed rap videos to explain economics, the federal budget illustrated on a one-page chart, and using one map to show the destruction of Napoleon’s army during his invasion of Russia. That one map does a better job of telling the story that a 1,000 word article and far faster than a 100 page book.
I have tried my hand at creative visualizations by producing two animated cartoons. They tell the story of setting up good internal controls in a local church. Part one has received over 900 views on YouTube. Part two is here.
Here’s a big brain stretch for you – using a computer program to turn raw data into a story – creative visualization using words
Check out these time-lapsed maps showing the growth of a retail chain from Flowing Data. Great visualization of the speed and location of new stores. Also shows the diffusion across the country.
Lets you see the data of Walmart from 1 store in 1962 to 4,393 in 2010.
Check out these visuals:
Check out Supply & Demand: A Thug Story
Government interference with the pricing mechanism produces shortages which are resolved by non-price mechanisms: discrimination, waiting lines, rationing, black markets, or favoritism. Markets messed up? Look for government messing with price signals to find the cause.
John Bredehoft has a creative two-part post comparing technology in 2011 and 1981. Focus is on the change in portability – the ease of getting news anywhere and being able to reach someone anywhere.
Previously looked at a visual comparing US states to other countries. This visual compares metropolitan areas to countries.
A few tidbits from the article:
- Los Angeles-Long Beach-Santa Ana has a GDP comparable to Netherlands, which makes it sized same as the 18th largest economy in the world Read the rest of this entry »
How do we make life better for people?
Is there a relationship between the level of economic freedom in a country and the level of income, life expectancy, civil rights, and a cleaner environment? Is there an inverse relationship between the level of economic freedom and the level of corruption, infant mortality, and child labor?
The answer to both questions is yes.
The higher the level of economic freedom is in a country, the higher the level of those good things. With more freedom there are less of those bad things. See this very innovative, creative video, from the Charles Koch Foundation, for a visual explanation:
New cartoon is available at Once Upon Internal Control.
Good procedures protect against false accusations – feature cartoon #2 from Once Upon Internal Control illustrates another way that good procedures can protect your staff. Cartoon runs about 8 1/2 minutes.
The first feature cartoon is here.
I am enjoying the idea of teaching accounting or economics or other complex stuff through some creative method. Have had several posts on the topic. So intrigued by the idea that I’ve started producing cartoons. (See my other blog, once upon internal control.)
How’s this for an idea? Writing a full-length murder mystery novel with the goal of teaching auditing, taxes, IT and forensic accounting. That has been the approach of Prof. Larry Crumbley. In his spare time he has written 13 educational novels. Started back in 1988.
Some short scenes have been combined into a 9 minute cartoon along with an intro and extro. The first of several feature-length cartoons is available on my other blog, Once Upon Internal Control. This one discusses some creative internal controls over cash and a few ideas on how to maintain security over the offering until it is counted by the count team. More to follow!
Cartoon can be found at: