?

Log in

No account? Create an account

Previous Entry | Next Entry

Comments

steepholm
Feb. 24th, 2012 02:03 pm (UTC)
True - I was simplifying so as to get the point across in a snappy way. But yeah - I've made that same point in the past. One trouble with relative measures is that it means that a drastic reduction in general living standards may actually make it look as if poverty is being eliminated. I suspect that poverty is being eliminated in Greece as I write, even as most people are getting poorer in absolute terms.

On the other hand, I can see why they prefer relative to absolute measures.

Latest Month

June 2019
S M T W T F S
      1
2345678
9101112131415
16171819202122
23242526272829
30      

Tags

Page Summary

Powered by LiveJournal.com
Designed by yoksel