Does Your Child Have More Wealth than Half of the World’s Population?

By Published on January 18, 2016

“The 62 richest billionaires own as much wealth as the poorest 50 percent of the world’s population.”

You’ve probably seen this statistic — or one like it — before in articles about economic inequality and assumed they must be somewhat revealing.

But they aren’t. In reality, such statistics are completely meaningless.

 

Read the article “Does Your Child Have More Wealth than Half of the World’s Population?” on blog.acton.org.

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