Tag: James Pethokoukis
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World Bank: ‘The world has become more equal’
AEI – James Pethokoukis: World Bank: 'The world has become more equal' Lots of attention being given to a new World Bank study suggesting China may overtake the United States this year as the world's largest economy, adjusted for living costs. But this other World Bank finding, noted by the Financial Times, is also interesting:…
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Global Inequality is Decline
James Pethokoukis includes the following graph and commentary in his post Actually, global income inequality seems to be on the decline. As a follow-up to my blog post on the Pope Francis and his recent statement on economic inequality, here is what’s been happening on inequality globally. While inequality has increased within countries since 1970s…
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What the right keeps missing about the recovery
James Pethokoukis: What the right keeps missing about the recovery The center-right community continues to make two big mistakes when thinking and talking about the US economy. First, too much negativity and pessimism. Yes, this is an historical weak recovery when measured by GDP or jobs. But a pair of economic reports out today offer…