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Richard Stallman's Political Notes

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Comparing poverty

mercredi 5 août 2020 à 02:00

*Comparing Poverty in India and America May Surprise You.*

Debt causes conceptual problems in making statistics about people's wealth. If one household has a $300,000 house and debts of $320,000, while another household lives in a tent and has debts of $20,000, is it meaningful to put both of them in the -$20,000 bucket?