The Great Fact in one chart

HT: CONVERSABLE ECONOMIST: Global Economic Growth: All Productivity, All the Time.

First McDonald’s in Moscow

https://twitter.com/classicepics/status/557083540912099328

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GDP at PPP by population shares

https://twitter.com/MaxCRoser/status/557451764199620609

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Why World Inequality Is Falling And Not Rising

fig1ForbesJan15

 

via Why World Inequality Is Falling And Not Rising.

The regional composition of global wealth

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HT: http://blogs.reuters.com/felix-salmon/2014/04/04/stop-adding-up-the-wealth-of-the-poor/

What Oxfam doesn’t want you to know: global capitalism means there’s less poverty than ever » Spectator Blogs

Screen Shot 2015-01-19 at 08.29.48

War on Disease

We are, right now, living through the golden age of poverty reduction.  

Anyone serious about tackling global poverty (and I’m afraid we have to exclude Oxfam from this category) has to accept that whatever we’re doing now, it’s working – so we should keep doing it.

We are literally on the road to an incredible goal: the abolition of poverty, as we know it, within our lifetime. 

Those who care more about helping the poor than hurting the rich will celebrate the fact – and make sure free trade and global capitalism keep spreading so as to finish the job.

via What Oxfam doesn’t want you to know: global capitalism means there’s less poverty than ever » Spectator Blogs.

Oxfam forgot to tell Davos that you need only $3650 to be among the wealthiest half of world citizens

https://twitter.com/Alea_/status/557073501593403392

A 50 billion note

https://twitter.com/oldpicsarchive/status/552761398066163712

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The evil of Anti-GMO activists

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Timur Kuran – Why the Middle East Became Economically Underdeveloped

Global poverty is falling rapidly

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Paul Heyne on envy and capitalism

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The Great Escape: Average Life Expectancies Around the World

via EconomicPolicyJournal.com: Average Life Expediencies Around the World.

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Bill Easterly on development and freedom

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How was the immiseration of the proletariat going?

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