ABCDEFGHIJKLMNOPQRSTUVWXYZ
1
Patnaiks give a total estimate of funds extracted by Britain from India of £9 trillion
2
But this was estimated by compounding at 5% interest
3
The grey portion works back to the actual money transfers per year that they must be assuming. It is unclear whether present or historic values of the £ are assumed by them.
4
yearamountintervalCompounding
5
2018£9,000,000,000,000.0001
6
1958£481,819,713,718.45600.05353552375
7
1938£181,592,782,741.36800.02017697586
8
9
 integral of 1.05 for 100 years is 2673
10
The annual amount for the 100 years previously would be
£67,935,945.66
11
The annual amount for 173 years previously would be
£1,911,502.98
12
frpom 1765 to 1938 is173years
13
We see that the annual amount seems quite modest. Let us add it up over the period without interest.
14
Total without interest£330,690,014.89million acresbushel per acremillion bushelskilos million
15
We can now calculate how much of their estimate is due to charging interest£8,999,669,309,985.11
16
That is essentially99.996%
of their estimate is accumulated interest
17
Since the interest they impute is not included in the original surplus extracted from India, it amounts to a claim on surplus value extracted in Britain
18
The next section compares Indian food exports with UK production 70 years earlier, I could not find data for the UK in the 20s
19
food grain exports from india million tonsimports from burmabritain 1850
20
million acresbushel per acremillion bushelskilos million
21
19200.381.07wheat3.628100.82721.6
22
1921-0.341.02rye0.1282.870
23
19220.530.71oats1.53552.5787.5
24
19230.40.55barley240801680
25
19242.280.64236.15259.1
26
19250.671.035.26million tons
27
19260.570.73
28
19270.191.12
29
1928-0.081.27
30
19290.091.1
31
average0.4690.924
32
Average net import0.455
33
Conclusion, India was a net importer not a net exporter of grainEven if we ignore its imports and only take exports, these amounted to only 8% of UK grain production 70 years earlier
34
It thus seems unlikely that Indian grain exports were significant as a calorie source for the working population of the UK
35
source to look up
36
Statistical abstract relating to British India
37
. London: Her Majesty's Stationary Office
38
1867-1922.
39
The following section critiques the claim that most oil comes from under developed regions
40
OIL DATA
41
2016
42
Fri Dec 14 2018 17:56:00 GMT+0000 (GMT Standard Time)
43
data fromSource: U.S. Energy Information Administration
44
https://www.eia.gov/beta/international/data/browser
Natural GasQuad Btudeveloped country share
45
refutes point on page 10
Eurasia( Former USSR)
29.16
46
Europe9.05
47
North America34.84
48
World130.9555.78%
49
Petroleum and Other Liquids
50
Eurasia( Former USSR)
29.97
51
Europe7.22
52
North America37.43
53
World188.4539.59%
54
The section after this supports the examples I give for ricardian trade theory
55
Ricardian exampleFishWine
56
labour per shipload
labour per shipload
57
Portugal9080
58
Iceland100
59
Assumed trade rate of fish to wine Iceland21
60
61
Initial allocation of labour
62
Portugal90000100000
63
Iceland50000
64
65
Initial consumption and production
66
Portugal10001250
normalise with respect to initial conditions
67
Iceland500vec length
68
Total150012501952.5624190.76822127960.6401843997
69
70
After trade of 10 ships of wine to Iceland 0.76838741410.6403228451
71
production
72
Portugal9901261.25
73
Iceland5000vec len
74
total14901261.251952.1402520.76309980440.6459460593
75
labour0.58622950820.41352459020.9997540984
norm inner product with respect to initial cond
76
Portugal89100100900
77
Iceland500000.76326483130.6460857507
78
consumption0.586483090.4137034661.000186556
79
Portugal10101251.25
80
Iceland48010
81
The next sections support my claims about growth of agricultural productivity in tropical areas
82
agricultural productivityyearvalue in national currency 2010 value of currencyworkforcevalue added per person year in national currency const 2010 values
productivity gain
83
Indonesia2008892,886,201,338,12539,556,00022572712.140.91
84
1993605,779,889,869,5502448500024740857.25
85
malaysia200880,898,186,8401,366,00059222.684361.55
86
199359,555,409,054155860038210.83604
87
Brazil2007147,204,128,712162072209082.6266762.00
88
199382,779,953,687182540004534.893924
89
90
Annual deforestation rates
91
Africa0.43%
92
Latin America0.38%
93
South East Asia0.91%
94
95
96
97
98
99
100