Wednesday, March 09, 2005

Measuring Progress

Ronald Bailey discusses the myraid of ways that life in the third world is improving. Many indicators point to the fact that the quality of life gap between the majority of developing countries and the world's richest nations has narrowed. While they may not be getting the same gains in terms of monetary income, it is hard to argue that the poor are worse off than they used to be. It is interesting, because many of the same people who are very concerned with the "growing gap between the rich and the poor" are the same people who are telling us we need to use other metrics besides money to measure progress. Well, the data speaks for itself.


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