Reply #4: neoliberal - "That Silly Inequality Debate"

[IllegalCombatant]

By Nancy Birdsall
Brookings Institution
May 2002

Most analyses and studies of trends in global income inequality usually end up on one side or another of a rather silly debate.

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Robert Hunter Wade nicely explains how easy it is for people to disagree on the facts in his recent opinion essay "The Rising Inequality of World Income Distribution,"

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"However, by the measure that best reflects people's true welfare (i.e., the measure based on lining up all households in the world according to their income, standardized for their local purchasing power), inequality is probably not rising."

source...
http://www.globalpolicy.org/globaliz/econ/2002/05silly.htm

typical viewpoint of the neoLiberals... they don't even see a problem and shoot theres no turning back now, eh ;->