World Income Distribution
Re: World Income Distribution
@RJ: I'm looking for a distribution, like x% of the world population live at or under $x per year. A table to summarize deciles would be great. I'd also like a description of methodology because I know that estimating this would be difficult. It still seems like someone would've made an attempt. As for why, I'd like to see where my spending level is at on the world scale, but mostly I just find this shit interesting. I'm a bit of an economics nerd.
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classical_Liberal
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Re: World Income Distribution
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Last edited by classical_Liberal on Fri Feb 05, 2021 12:48 am, edited 1 time in total.
Re: World Income Distribution
The U.S. Poverty Line is set at 3X the Thrifty Food Plan Market Basket periodically cost-adjusted. Currently around $23,000/yr for family of 4. I used to be able to feed my family of 4 for less than half the Thrifty Plan budget, but that required some gardening and attendance of food auctions. I don't think it's much of a coincidence that the absolute poverty level in the U.S. approximates the bottom rung of the middle-class globally, because overall global food security and rational calculation of food subsidies in the U.S. are both fairly tightly tied to support of production levels of high caloric value crops in the U.S. The number of agricultural workers in China, the largest producer measured in total calories, is approximately equal to the entire population of the U.S., the third largest producer in total calories.
I have taught children who came to school hungry, but they all had, IMO, unfit-for-the-role parents. The earliest sociological studies conducted in the slums of early 20th century London, came to the conclusion that the factor most likely to cause inability of child to raise himself up out of the lowest rung of underclass was alcohol consumption level of mother. Drunk father can be overcome
So, although my stance on drug laws is overall quite Libertarian, I draw the line at operating potentially dangerous machinery in public venue or bearing/raising children while intoxicated.
I have taught children who came to school hungry, but they all had, IMO, unfit-for-the-role parents. The earliest sociological studies conducted in the slums of early 20th century London, came to the conclusion that the factor most likely to cause inability of child to raise himself up out of the lowest rung of underclass was alcohol consumption level of mother. Drunk father can be overcome
So, although my stance on drug laws is overall quite Libertarian, I draw the line at operating potentially dangerous machinery in public venue or bearing/raising children while intoxicated.