Extreme Poverty & Living Standards: A More Prosperous World

Extreme Poverty & Living Standards: A More Prosperous World by Cook & Bynum Economist Max Roser, through his ‘Our World in Data’ website, covers a broad range of topics about living standards across the world and over time. He is also using the related data to create striking visualizations, including recent additions to his reporting on world poverty. Despite the many conflicts around the world, the reduction in poverty and the associated increases in standards of living are remarkable. In 1820, the vast majority of people lived in extreme poverty and only a tiny elite enjoyed higher standards of living. Economic…