Re: Growth is good for the poor

From: Adam L. Beberg (beberg@mithral.com)
Date: Mon Jun 12 2000 - 02:33:14 PDT

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On Sun, 11 Jun 2000, Jim Whitehead wrote:

> Abstract
> Income of the poor rises one-for-one with overall growth.

*chuckles* and so does inflation in most cases (ignoring the wonky
numbers the US is currently experiencing that cant last)

Searching the paper for all instances of "inflation" all it says is that
it is bad for the poor, 5 times by my count. They completely avoided the
issue.

The poor will always be poor unless they crawl their way up the economic
ladder with education. Free trade is always good in any system, poor
people just swap locations, but we sure dont want them here do we.
So the WTO idea is always bad for "us" and good for "them" (didn't see
many rich educated people protesting the WTO did you).

- Adam L. Beberg
  Mithral Communications & Design, Inc.
  The Cosm Project - http://cosm.mithral.com/
  beberg@mithral.com - http://www.iit.edu/~beberg/

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