110 sats \ 5 replies \ @Undisciplined 3 Mar \ on: Inflation Projections by Country, in 2024 charts
The color scheme really obscures how many places are dealing with high rates of inflation.
It's true that they could use more differentiating colors, like SN ZAP, from orange to purple. But I don't think that's the main issue, I think it's more because most of the values are in the 2-5 range. This makes it harder to differentiate. What value would you consider to be a high rate?
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They're probably using a linear scale, which isn't ideal for showing heavily skewed data. I'd probably use a log scale or quantiles. Either way would let us see more of the differences amongst the majority of countries.
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That's a great idea! This format is much more effective for displaying the data.
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For all the issues with mainstream econ training, we do learn a lot about data visualization.
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