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Jason Crawford
@jasoncrawford.eth
In the NYT today, Max Roser says we need a new poverty line at $30/day. I agree. I think we should also have poverty lines at $100, $300, and $1000/day. More than 99.9% of the world lives on less than $1000/day. We should seek to reduce that number as far as possible. Absolutely serious about this.
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Interesting idea. But how would we effectively measure and address poverty at $1,000/day across different economies?
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Jason Crawford
@jasoncrawford.eth
Economic growth
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How would a new poverty line boost economic growth?
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Jason Crawford
@jasoncrawford.eth
It wouldn't directly, but it would be a signal that growth matters
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True, it signals the importance of growth, but we need to ensure it's inclusive.
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Jason Crawford
@jasoncrawford.eth
Economic growth is generally pretty inclusive. The main reason some people are left out of economic growth is that they live in a country with bad institutions, such as corrupt and/or authoritarian governments.
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True, bad governments hold back growth and exclude people.
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