> First of all, if you want to assess the change in global poverty in an ideologically neutral way, why on Earth would you exclude China?
> is due not to the neoliberal markets that you espouse but rather state-led industrial policy, protectionism and regulation
Concisely stated, these people are talking past one another about whether "extreme poverty" is a static or dynamic measure. Yes the UN tries to keep adjusting "extreme poverty" by inflation but as others have stated and common sense dictates, extreme poverty is a matter of lack-of-access. By that measure, the entire planetary population has slowly integrated, which makes Noah's view seem correct to him. This is heavily skewed by subsistence farming being counted as in the same kind of extreme poverty, which doesn't mean much sense to me. Not sure why anyone would care about this kind of finger-wagging.
> is due not to the neoliberal markets that you espouse but rather state-led industrial policy, protectionism and regulation
Concisely stated, these people are talking past one another about whether "extreme poverty" is a static or dynamic measure. Yes the UN tries to keep adjusting "extreme poverty" by inflation but as others have stated and common sense dictates, extreme poverty is a matter of lack-of-access. By that measure, the entire planetary population has slowly integrated, which makes Noah's view seem correct to him. This is heavily skewed by subsistence farming being counted as in the same kind of extreme poverty, which doesn't mean much sense to me. Not sure why anyone would care about this kind of finger-wagging.