Thursday, 12 July 2012

Why you shouldn't eat your dog, but you should be in favour of free enterprise

An interesting video from an economics professor:

Watch out for the snippet that doesn't seem to be made a fuss of, for some reason.  During the age of globalisation, poverty (as measured by the number of people on less than $1 per day) has reduced by 80%.

(With a discreet tip of the hat to The Filthy Engineer)

1 comment:

  1. is $1 a day STILL the poverty level? It's amazing that inflation doesn't have any impact on the poor.