Det vil Løgnepressen og venstrefløjserne aldrig fortælle

Chart of the greatest and most remarkable achievement in human history, thanks to free market capitalism

The chart could perhaps qualify as the “chart of the century” because it illustrates one of the most remarkable achievements in human history: the 80% reduction in world poverty in only 36 years, from 26.8% of the world’s population living on $1 or less (in 1987 dollars) in 1970 to only 5.4% in 2006 (light blue line), led by the 97% reduction in the poverty rate in East Asia (excluding Japan and Hong Kong) from 58.8% to 1.7% over that time period.

The data in the chart come from a 2009 NBER working paper “Parametric Estimations of the World Distribution of Income,” by economists Maxim Pinkovskiy (MIT) and Xavier Sala-i-Martin (Columbia).

AEI president Arthur Brooks explains:

Mere her.

Be the first to comment

Leave a Reply

Din email adresse vil ikke blive vist offentligt.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.