Celebrating humanity's flourishing through the spread of capitalism and the rule of law
16 Mar 2015 Leave a comment
in income redistribution, labour economics, politics - Australia, politics - New Zealand, politics - USA, poverty and inequality, welfare reform Tags: child poverty, welfare state
The figure shows pre-transfer and post-transfer poverty rates among OECD countries (mostly the advanced economies). The former (pre-transfer) are the market-driven poverty rates, before the tax and transfer systems kick in.
Source: OECD, *Poverty thresholds: 50% of median income.
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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