Talk:Extreme poverty: Difference between revisions
1$ definition seems utter nonsense to me... |
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Weird. So according to this 1$ definition less people will be poor when the US$ devaluates. And over time less people will be poor, simply because of because of [[inflation]]. So this definition seems utter nonsense to me. Could someone explain to me why it is not? Or point to some more knowledgeable critique of this definition? [[User:Guaka|G-u-a-k-@]] 00:27, 9 Feb 2005 (UTC) |
Weird. So according to this 1$ definition less people will be poor when the US$ devaluates. And over time less people will be poor, simply because of because of [[inflation]]. So this definition seems utter nonsense to me. Could someone explain to me why it is not? Or point to some more knowledgeable critique of this definition? [[User:Guaka|G-u-a-k-@]] 00:27, 9 Feb 2005 (UTC) |
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Though the number of people "earning less than a dollar a day" is a common figure cited when discussing global poverty, the methods by which one might calculate what a dollar is worth in developing countries are several and complex. Certainly the meaning of the phrase will change with inflation, and people who use this metric would have to take that into account. |
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This article is confused; it uses the term "abosolute poverty" to mean "very bad poverty" when [[income distribution metrics]] defines it as a technical term, which means poverty as measured by what you can afford, not by how you compare to others. I think it's best just to merge this article there, if there's anything here worth saving. -- [[User:Beland|Beland]] 07:13, 6 Mar 2005 (UTC) |
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Revision as of 07:13, 6 March 2005
Weird. So according to this 1$ definition less people will be poor when the US$ devaluates. And over time less people will be poor, simply because of because of inflation. So this definition seems utter nonsense to me. Could someone explain to me why it is not? Or point to some more knowledgeable critique of this definition? G-u-a-k-@ 00:27, 9 Feb 2005 (UTC)
Though the number of people "earning less than a dollar a day" is a common figure cited when discussing global poverty, the methods by which one might calculate what a dollar is worth in developing countries are several and complex. Certainly the meaning of the phrase will change with inflation, and people who use this metric would have to take that into account.
This article is confused; it uses the term "abosolute poverty" to mean "very bad poverty" when income distribution metrics defines it as a technical term, which means poverty as measured by what you can afford, not by how you compare to others. I think it's best just to merge this article there, if there's anything here worth saving. -- Beland 07:13, 6 Mar 2005 (UTC)