Rich and poor is all relative. Inded that is the very language so beloved of the liberal classes (of which I suppose I must be a member). If we were to use absolute poverty then we would have to clai… (View Post)
Simply untrue. I refer you to the article I wrote on this just over 4 years ago based on the work by Stephen Rose at the Brookings Institute. https://www1.politicalbetting.com/index.php/archives/2021… (View Post)
The mistake you make is in equating GDP/Capita with the indicvidual wealth and wellbeing of the majority of the population. The US from 1970 onwards is a classic example. WHilst GDP and GDP/Capita bo… (View Post)