3 ms·
The dataset doesn't ignore PPP, it's expressed in "international dollars" which is a standard PPP adjustment to US levels. That's not really discussed because
by notahacker 5y ago
The dataset doesn't ignore PPP, it's expressed in "international dollars" which is a standard PPP adjustment to US levels.
That's not really discussed because it's an utterly standard thing to do in cross-country comparisons, but the article might have been better if it talked about the fact the data is PPP adjusted so the actual dollar amounts earned in the poorer countries are even lower, and the fact that PPP adjustments aren't perfect so people on $6.70 of imputed US purchasing power can still pay rent
- s1artibartfast 5y agoThe parent post argued that the article would have been more impactful if it ignored PPP. It also said people should feel guilty if they have the same PPP, but higher salary without adjusting. This makes no sense to me. This is the point I am pushing back on.
- deleted 5y ago[deleted]