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Inequality Enumerated: the World Bank Provides a Reality Check

May 1st, 2011 · No Comments · Economics

Nothing like a little perspective…

World Bank economist Branko Milanovic provides us with evidence which appears to refute the romantic worldview that 1930’s dustbowl poverty is pervasive in the world’s most prosperous country.
Some of us have been running this chart/distribution natively in our brains, glad to see the empirical analysis backs us up.

I guess for the professional hand-wringers, data can be an inconvenient thing.
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