Power of Data Visualization

Some 192m migrants 3% of the world population sent remittances totalling $316 billion to developing countries last year, according to the World Bank. The cost of sending remittances is negatively correlated with the number of migrants and service-providers in a country; the more competition, the lower the cost. this chart shows, for each country, which is the most expensive country to send $200 to.

Note: If you read this via Email or Feed-reader click Permalink below to download bigger image.

The book, which stands more than three feet by two feet (91cm x 61cm) and includes 435 hand-coloured illustrations of birds from North America in life-size, reached $10.3m. The previous record for a book was another copy of Audubon's masterpiece, sold in 2000, which reached $10.2m in today's prices. Indeed, a list of the ten most-expensive books would include five copies of "The Birds of America".

Note: If you read this via Email or Feed-reader click Permalink below to download bigger image.

Everyone knows that it’s expensive to raise a kid. Just how expensive is it to raise a child?

Note: If you read this via Email or Feed-reader click Permalink below to download bigger image.

Everyone knows that having a pet is expensive, but what does it really cost in the lifetime of a pet? The answer may surprise you.

Note: If you read this via Email or Feed-reader click Permalink below to download bigger image.

These buildings are the stuff of architects' dreams.

China's economic success has been built on cheap labour. The country’s migrant workforce is the world’s largest. At $0.81 an hour, the cost of Chinese workers is just 2.7% that of their American counterparts. But a spate of strikes has hit the country’s factories, and Chinese labour is getting dearer. Unit labour costs have risen more often than not in the past five years.