The graphic above is amazing. Not too long ago, a mere eight generations or 200 years, over 90 percent of all people lived in extreme poverty. That of course means that nearly all humans that have ever lived before that lived in unimaginable poverty. None of the ancestors of the billions living today enjoyed any wealth. Even the wealthiest of the past were poor compared to the average person today.
Why and how this transformation happened is a fascinating question that occupies most of my attention. This is how I understand the matter.
Now I will continue from part 1 of this series. Continue reading “Big Government Rocks – Part 2”
Atanu Dey : Life is a Random Draw 