Bill Gates Tweeted Out a Chart and Sparked a Huge Debate About Global Poverty

!tags:: #lit✍/📰️article/highlights
!links::
!ref:: Bill Gates Tweeted Out a Chart and Sparked a Huge Debate About Global Poverty
!author:: vox.com

=this.file.name

Book cover of "Bill Gates Tweeted Out a Chart and Sparked a Huge Debate About Global Poverty"

Reference

Notes

Quote

The $1.90-a-day line is “obscenely low,” and “earning $2 per day doesn’t mean that you’re somehow suddenly free of extreme poverty.” A minimum of $7.40 per day, at least, is necessary for “basic nutrition and normal human life expectancy.”
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Quote

Using the percentage of people in poverty is misleading, and we should instead focus on the absolute number of people in poverty, which according to Hickel’s preferred $7.40-a-day line has increased since 1981.
- No location available
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“The $1.90/day (2011 PPP) line is not an adequate or in any way satisfactory level of consumption; it is explicitly an extreme measure. Some analysts suggest that around $7.40/day is the minimum necessary to achieve good nutrition and normal life expectancy, while others propose we use the US poverty line, which is $15.”
- No location available
- poverty,
- [note::$7.40/day in what economy?]

Quote

“Income and consumption does not tell us the whole story about poverty. Poverty is multi-dimensional, and some aspects of human well-being can be obscured by consumption figures.”
- No location available
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“The present rate of poverty reduction is too slow for us to end $1.90/day poverty by 2030, or $7.40/day poverty in our lifetimes. To achieve this goal, we would need to change economic policy to make it fairer for the world’s majority.”
- No location available
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dg-publish: true
created: 2024-07-01
modified: 2024-07-01
title: Bill Gates Tweeted Out a Chart and Sparked a Huge Debate About Global Poverty
source: hypothesis

!tags:: #lit✍/📰️article/highlights
!links::
!ref:: Bill Gates Tweeted Out a Chart and Sparked a Huge Debate About Global Poverty
!author:: vox.com

=this.file.name

Book cover of "Bill Gates Tweeted Out a Chart and Sparked a Huge Debate About Global Poverty"

Reference

Notes

Quote

The $1.90-a-day line is “obscenely low,” and “earning $2 per day doesn’t mean that you’re somehow suddenly free of extreme poverty.” A minimum of $7.40 per day, at least, is necessary for “basic nutrition and normal human life expectancy.”
- No location available
-

Quote

Using the percentage of people in poverty is misleading, and we should instead focus on the absolute number of people in poverty, which according to Hickel’s preferred $7.40-a-day line has increased since 1981.
- No location available
-

Quote

“The $1.90/day (2011 PPP) line is not an adequate or in any way satisfactory level of consumption; it is explicitly an extreme measure. Some analysts suggest that around $7.40/day is the minimum necessary to achieve good nutrition and normal life expectancy, while others propose we use the US poverty line, which is $15.”
- No location available
- poverty,
- [note::$7.40/day in what economy?]

Quote

“Income and consumption does not tell us the whole story about poverty. Poverty is multi-dimensional, and some aspects of human well-being can be obscured by consumption figures.”
- No location available
-

Quote

“The present rate of poverty reduction is too slow for us to end $1.90/day poverty by 2030, or $7.40/day poverty in our lifetimes. To achieve this goal, we would need to change economic policy to make it fairer for the world’s majority.”
- No location available
-