Head of Research at the ASI, Ben Southwood, has written for the IB Times on why Oxfam's inequality report was so misleading, and why the real story should be how the worlds poorest are actually wealthier now, with higher living standards.
While we might lament that solving developing world poverty seems such a slow and difficult task, we shouldn't omit the fact that we're going in the right direction. Oxfam's data is misleading, beset with statistical niggles, and comes with the wrong conclusion. Let's hope the bigwigs at Davos don't take it too seriously.