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.

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