When measuring an abstract concept, occasional oddities are probably unavoidable. Take inequality, which was a hotly debated topic during the … Continue reading “Poverty falls, because we are getting poorer”

In the early 1960s, Chicago economist Milton Friedman travelled to Hong Kong to meet Sir John Cowperthwaite, the colony’s Financial … Continue reading “Switzerland has no official poverty statistics. So what?”

In the early 1960s, Chicago economist Milton Friedman travelled to Hong Kong to meet Sir John Cowperthwaite, the colony’s Financial … Continue reading “Switzerland has no official poverty statistics. So what?”