Economist Larry Summers just gave an enlightening speech about a host of economic misconceptions. And I am on it!
If a goal is set too low, that can be pernicious. That's the point.
If you're interested, you should read the UN report.
As to point 3, I believed that capitalism deserved great credit for reducing world poverty until I read this report. The statistics are fatally flawed. And, worse, it fosters false complacency. Please read this, and tell methane what you think.
https://chrgj.org/wp-content/uploads/2020/07/Alston-Poverty-Report-FINAL.pdf
Don't find that persuasive. The % of people living under any standard of poverty is down.
I've read similar claims that the Green Revolution didn't help humanity. There will always be someone who claims something.
I'm not saying things are great. I'm more concerned with numbers than percentages, personally.
https://www.mattball.org/2022/08/trends-vs-numbers.html
If a goal is set too low, that can be pernicious. That's the point.
If you're interested, you should read the UN report.
As to point 3, I believed that capitalism deserved great credit for reducing world poverty until I read this report. The statistics are fatally flawed. And, worse, it fosters false complacency. Please read this, and tell methane what you think.
https://chrgj.org/wp-content/uploads/2020/07/Alston-Poverty-Report-FINAL.pdf
Don't find that persuasive. The % of people living under any standard of poverty is down.
I've read similar claims that the Green Revolution didn't help humanity. There will always be someone who claims something.
I'm not saying things are great. I'm more concerned with numbers than percentages, personally.
https://www.mattball.org/2022/08/trends-vs-numbers.html