Friday, 4 February 2011

How Poor are the Poor?

The poorest 5% of Americans are among the richest people in the world (richer than nearly 70% of other people in the world). The poorest 5% of Americans, for example, are richer than the richest 5% of Indians. From Branko Milanovic’s book The Haves and Have Nots via Tyler Cowen and others.

Source: http://healthblog.ncpa.org/how-poor-are-the-poor/

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