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INFOGRAPHIC: Where the world’s poorest will live in 2015

INFOGRAPHIC: Where the world’s poorest will live in 2015
This infographic from the OECD Development Assistance Committee projects which countries will be home to the world’s poorest people by 2015, and compares this to the picture in 2005. Part of their report Fragile states 2013: Resource flows and trends in a shifting world it reveals that by 2015, half of the world’s people living on less than USD 1.25 a day will be in fragile states. And while poverty has decreased globally, progress on Millennium Development Goal (MDG) 1 to halve poverty is slower in fragile states than in other developing countries. While India will still have the second largest population living in extreme poverty, the reduction from 2005 is incredible. China is also projected to reduce poverty dramatically. In Africa, Nigeria, Democratic Republic of Congo and Tanzania are predicted to have the largest populations living below the poverty line.

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The Health Of Every County In America, Mapped And Ranked Many factors drive health: from how much people drink and smoke, and what sort of health care they have, to all kinds of economic and environmental factors, like employment and pollution. To see how your county is doing, and what factors may be behind its performance, take a look at the County Health Rankings website. It offers a terrifically useful and detailed snapshot of more than 3,000 communities across the nation.

China, technology and the U.S. middle class President Barack Obama’s State of the Union speech this week confirmed it: The pre-eminent political and economic challenge in the industrialized democracies is how to make capitalism work for the middle class. There is nothing mysterious about that. The most important fact about the United States in this century is that middle-class incomes are stagnating. The financial crisis has revealed an equally stark structural problem in much of Europe.

Global Wealth Distribution As we have discussed, from 1979 to 2007, inflation-adjusted incomes of the top 1 percent of households increased significantly versus the rest of the wage earners (i.e., the remaining 99%). Those even better off, the top 0.1 percent (the top one one-thousandth of households), saw their incomes grow 390%. In contrast, incomes for the bottom 90 percent grew just 5 percent between 1979 and 2007. All of that income growth, however, occurred in the unusually strong growth period from 1997 to 2000, which was followed by a fall in income from 2000 to 2007. Ranking tech companies by revenue per employee (Note: The ideal measurement would use profit instead of revenue and payroll instead of employee headcount. But those are tougher numbers to find for obvious reasons.) After the jump: The story behind this chart.

The Hidden Prosperity of the Poor A concept promulgated by the right — the notion of the hidden prosperity of the poor — underpins the conservative take on the ongoing debate over rising inequality. The political right uses this concept to undermine the argument made by liberals that the increasingly unequal distribution of income poses a danger to the social fabric as well as to the American economy. President Obama forcefully articulated the case from the left in an address on Dec. 6, 2011 at Osawatomie High School in Kansas: This kind of gaping inequality gives lie to the promise that’s at the very heart of America: that this is a place where you can make it if you try.

World-systems theory A world map of countries by trading status, late 20th century, using the world system differentiation into core countries (blue), semi-periphery countries (purple) and periphery countries (red). Based on the list in Dunn, Kawana, Brewer (2000). World-systems theory (also known as world-systems analysis or the world-systems perspective),[1] a multidisciplinary, macro-scale approach to world history and social change, emphasizes the world-system (and not nation states) as the primary (but not exclusive) unit of social analysis.[1][2] Background[edit] Immanuel Wallerstein has developed the best-known version of world-systems analysis, beginning in the 1970s.[4][5] Wallerstein traces the rise of the capitalist world-economy from the "long" sixteenth century (c. 1450-1640). Many other scholars have contributed significant work in this "knowledge movement".[2]

We’re More Unequal Than You Think by Andrew Hacker The Spirit Level: Why Greater Equality Makes Societies Stronger by Richard Wilkinson and Kate Pickett Bloomsbury, 331 pp., $28.00; $18.00 (paper) The Darwin Economy: Liberty, Competition, and the Common Good Krugman Demolishes Classic Argument Against Raising Minimum Wage Paying fast-food workers $15 an hour won't cause big companies like McDonald's to cut jobs, according to Nobel Prize-winning economist Paul Krugman. That's because fast-food worker jobs can't be outsourced overseas or performed by machines, the New York Times columnist said, debunking a classic argument against raising pay for low-wage workers. “Minimum wage workers are almost all in the United States employed in non-tradable industries -- the production can’t move to China,” Krugman, who won the 2008 Nobel Prize for economic sciences, told Business Insider executive editor Joe Weisenthal in a video posted Monday. “They’re employed in areas where -- yeah, you can mechanize some but not very much actually.”

The Price of Inequality - Video and audio - News and media Speaker(s): Professor Joseph E Stiglitz Chair: Professor Stephen P. Jenkins Recorded on 29 June 2012 in Old Theatre, Old Building. Six Studies That Show Everything Republicans Say About the Economy is Wrong By Sean McElwee | The great 20th-century economist John Maynard Keynes has been widely quoted as saying, "When the facts change, I change my mind. What do you do, sir?" Sadly, in their quest to concentrate economic and political power in the hands of the wealthiest members of society, today's Republicans have held the opposite position – as the evidence has piled up against them, they continue spreading the same myths. Here are six simple facts about the economy that Republicans just can't seem to accept:​

Visual Capitalist launches "The Money Project" Introducing: The Money Project We are proud to announce the launch of The Money Project, an exploration of the meaning of money itself. The aim of The Money Project is to understand the evolving nature of money, and to try to answer the difficult questions about the role that money plays in finance, investments, and accumulating wealth.