3 ms·
1.5 million American families, including 3m children, live on less than $2/person/day. Half the world lives on less than $2/day (in our buying power). This isn'
by adultSwim 9y ago
1.5 million American families, including 3m children, live on less than $2/person/day. Half the world lives on less than $2/day (in our buying power). This isn't by choice.
- danblick 9y agoI agree that's something we should be concerned about. I don't think minimum wage laws address that issue though. If you want to help improve standards of living around the world, reduce immigration restrictions so that people can move from countries with few economic opportunities to other countries where there are more opportunities. Personally I agree with most of what Bryan Caplan has written on the topic. https://vimeo.com/15000835 https://vimeo.com/15000835