Angus Deaton on slow growth as a force for distributional conflict

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Source: ‘Economic growth is the engine of the escape from poverty and material deprivation’ – economist and 2015 Nobel laureate Angus Deaton – AEI | Economics Blog » AEIdeas

RT @NaomiAKlein what’s changed since you left high school?

The essence of anthropology

@zoesqwilliams has great timing on capitalism not doing enough on poverty @worstall

Source: Poverty goals? No, it’s extreme wealth we should be targeting | Zoe Williams | Comment is free | The Guardian

When Zoe Williams was born in 1973, 60% of humanity lived in extreme poverty. That has dropped to 1 in 10.

Just the other day, the World Bank estimated that extreme poverty has dropped below 10% of the world’s population for the first time in human history but some are still grumbling.

Zoe Williams is not grumbling about the failed states and predatory government responsible for the last pockets of extreme poverty, but about the inequality from economic progress under capitalism.

Zoe Williams honestly believes that extreme poverty could have been reduced faster if we had taken on the socialist road.

China and India escaped from extreme poverty by rejecting socialism.

China and India received next to no overseas development assistance in their Great Escape from extreme poverty.

There’s been some clear-cut natural experiments such as between Chile and Venezuela and Japan, Hong Kong, Singapore and just about any other developing country in terms of capitalism as the only path to prosperity.

@oxfamnz 80% of the world lived in extreme poverty when my father was born

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Are @vngalasso @OxfamAmerica @dpaulobrien Great Escape deniers? @WhitefordPeter

https://twitter.com/MaxCRoser/status/656144668468641793

What will it take to finish the Last Mile in ending extreme poverty

 

@GreenpeaceNZ @NZGreens energy poverty and extreme poverty

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Social Justice and Its Critics

 

@oxfamnz still more mass kidnappings of #ODA & #Occupy activists

Why are they not dancing in the streets on the news today that extreme poverty has fallen below 10% of the world’s population for the first time ever.

The only possible explanation is these principled activists for the cause of the poor and oppressed not celebrating the latest achievements of capitalism and freedom is they have been kidnapped by nefarious forces.

We pray for their safe return so they can join the celebrations of The Great Fact and The Great Escape.

The Great Era of Global Development: Steve Radelet

Economic liberty and human flourishing: A discussion with Deirdre McCloskey, Susan Shell, and Yuval Levin

Bono – Capitalism Reduces Poverty

https://www.youtube.com/watch?v=gAjKyEGDlXA

Deirdre McCloskey on Bourgeois Equality: How Ideas, Not Capital, Changed the World

The % of the world living on less than $1.25 a day will fall to 5% by 2030

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