Income inequality

A report on income inequality from the UN that shows how far beyond any traditional notion of inequality we have come.This is what “poverty” now consists of and is measured by:

The 10 indicators, namely nutrition, sanitation, child mortality, drinking water, years of schooling, electricity, school attendance, housing, cooking fuel and assets.

Cannot deny that these all matter. Let me, however, point out that no economy managed along market-economy lines has any of these problems at all.

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