June 10, 2023

IS ANYONE STILL SURPRISED BY THE eND OF hISTORY?:

Surprisingly, the World Is Becoming More Equal (Chelsea Follett, 6/09/23, Cato)

Our Inequality of Human Progress Index offers a new way of measuring global inequality. It is more comprehensive than any prior international inequality index, taking into account a greater number of dimensions. We found that in addition to a global decline in income inequality, there have also been declines in lifespan inequality, nutritional inequality, educational inequality, internet access inequality, and political liberty inequality. Around the world, gaps in these areas are shrinking.

Most importantly, there has been a decline in overall global inequality. That result was consistent, even under a variety of specifications that we tested. The data show that across all but two of the areas we examined, the world has become more equal since 1990. The data does not support the narrative of rising worldwide inequality.

Posted by at June 10, 2023 6:34 AM

  

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