July 14, 2015

AT THE END OF HISTORY:

700 million humans have moved out of deep poverty in the 21st century. Thank capitalism (James Pethokoukis, 7/14/15, AEI Ideas)

Some astonishing figures from Pew Research. From 2001 to 2011, nearly 700 million people globally moved out of poverty, meaning $2 a day or less. And the share of humans who are either poor or low income ($2.01 to $10.00 a day) fell to 71% from 79% as middle-income nearly doubled to 13% from 7%.

Posted by at July 14, 2015 5:50 PM
  

blog comments powered by Disqus
« SUPPLY MEETS DEMAND: | Main | YOU DON'T HAVE TO AMEND A CONSTITUTION WHERE LIBERTIES ARE A BLESSING: »