Sunday, January 05, 2014

Good news on the poverty front


Still another new post from Roger Pieke Jr.'s Blog provides a "figure (that) shows both accumulating wealth and greater global equality:


Note that the bimodal distribution that marked much of the post World War II period is replaced in the latest period (blue line) by a distribution with a single mode,  There are lots more middle income folk today, and fewer of the very poor.

No comments: