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Politics : Formerly About Advanced Micro Devices

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From: Brumar89	2/2/2011 11:19:14 AM
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Rich Poor Americans by Don Boudreaux on February 1, 2011 in Inequality,Standard of Living Any number of lessons – some correct, many incorrect – might be drawn from my favorite passage in this past Sunday’s New York Times Book Review; it’s from Catherine Rampell’s review of Branko Milanovic’s The Haves and the Have-Nots: The typical person in the top 5 percent of the Indian population, for example, makes the same as or less than the typical person in the bottom 5 percent of the American population. That’s right: America’s poorest are, on average, richer than India’s richest — extravagant Mumbai mansions notwithstanding. cafehayek.com I see Tim Fowler posted about this here: Message 27134398

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