How the Other Tenth Lives

On October 2nd, the World Bank reported that 767m people live in extreme poverty, subsisting on less than $1.90 a day, calculated at purchasing-power parity and 2011 prices. The latest figures should arouse mixed feelings: the poverty headcount is worth cheering because it is so much lower than it was, but 767m is still a lot of people and it is hard to imagine how anyone could subsist on so little. Read more from The Economist

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