Speakers: Jean-Michel Severino, Martin Wolf
Chair: Professor David Held
This event was recorded on 22 June 2011 in Wolfson Theatre, New Academic Building
Two of the world's top commentators on economics, development and finance discuss some of the most pressing global imbalances and the social challenges that they pose in the years ahead. Jean-Michel Severino is general inspector of finances, French Ministry of Finance. Martin Wolf is associate editor and chief economics commentator at the Financial Times.
How can Severino possibly say that in the XX century poors grew in absolute terms while shrinking in relative terms? Do take into account demographic growth and even upward-revisied poverty threshold definitions, you still get exactly the opposite scenario: less poors in absolute terms, rising relative poverty between countries and most tellingly between individual world citizens. This is basic empirical evidence as given by scholars like Kuznets, Milanovic and Piketty. Quite a plain mistake.
distopiadnb 4 months ago in playlist 2011 - Public lectures and events