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Stop Lamenting Inequality—Start Questioning Bad Policy
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Stop Lamenting Inequality—Start Questioning Bad Policy
If you only followed the political feed, you would think the world is splitting into billionaires on yachts and everyone else eating instant noodles forever. Then you see the data, and the narrative gets awkward, fast. A recent Economist graphic, in the article “The world is more equal than you think”, underscores something many people do not want to say out loud: global living standards have been converging, meaning poorer countries have been c…
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