Angus Deaton, the Nobel-prize winning economist (who also sits on the advisory board of HumanProgress.org), recently reiterated his belief that on the whole the world is getting better – if not, as he accepted, everywhere or for everyone at once.
Perhaps that comes as no surprise to regular CapX readers, but the idea that the world is getting better in regards to poverty is actually a deeply unpopular view.
Read Full Article »