3 ms·
The thing is, it's not just "a razor's edge from just poverty". If you use Hans Rosling's four-part income definition, "just poverty" represents a 4x increase i
by beat 8y ago
The thing is, it's not just "a razor's edge from just poverty". If you use Hans Rosling's four-part income definition, "just poverty" represents a 4x increase in income from "extreme poverty". For Americans who might make hundreds of dollars a day, the difference between a dollar a day and four dollars a day may not seem like much. But imagine instead what it would be like to change from $100k/year to $400k/year. That's the ratio, but the effects are even greater than that.
It's access to some rudimentary health care. It's maybe a bicycle for transportation. It's a gas stove so you no longer have to use firewood to cook (speaking of deforestation...). It's maybe getting a cash-paying job so you can quadruple your income again.