Acton Institute Powerblog Archives

Post Tagged 'Pessimism'

Why Does No One Believe Extreme Poverty Has Declined?

Would you say that over the past three decades (since about the mid-1980s) the percentage of people in the world who live in extreme poverty — defined as living on less than $1.25 per day — has: A) Increased B) Decreased C) remained the same The right answer is B: extreme poverty has decreased by more than half. Continue Reading...