Friday, November 6, 2009

Recessions. Ten-percent unemployment. Wars. Shootings. No decent sidewalks or bike paths. But not everything is getting worse:

We estimate that world poverty rates have fallen by 80% from 0.268 in 1970 to 0.054 in 2006. The corresponding total number of poor has fallen from 403 million in 1970 to 152 million in 2006.

They also find that global inequality has decreased.

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