3 ms·

Some of the backing studies do, but the linked article, which is the object of discussion, absolutely does not. Have you read them?

• verteu 3y ago
  > Some of the backing studies do, but the linked article, which is the object of discussion, absolutely does not. Have you read them? From the linked article: > Basics of global poverty measurement > Throughout this article – and in global income and expenditure data generally – the statisticians who produce these figures are careful to make these numbers as comparable as possible. > Non-monetary sources of income are taken into account > Many poor people today and in the past rely on subsistence farming and do not have a monetary income. To take this into account and make a fair comparison of their living standards, the statisticians that produce these figures estimate the monetary value of their home production and add it to their income/expenditure. > Differences in purchasing power and inflation are taken into account
  • pphysch 3y ago
    ...And the article disregards all of that by using a high-income-adjusted poverty line for low/medium income countries. Textbook data crime: such a strange hill to die on! The data is all there, in the linked studies. They could easily have used the actually correct data (i.e. per-country poverty lines). But then e.g. China would go from 90-100% poverty bracket (dark red) to the 10-20% bracket (light brown), which is obviously not the conclusion that the blog post* wants readers to be impressed with. * authored by the director of a global development program at Oxford