Quote Of The Day

“The typical person in the top 5 percent of the Indian population, for example, makes the same as or less than the typical person in the bottom 5 percent of the American population. That’s right: America’s poorest are, on average, richer than India’s richest — extravagant Mumbai mansions notwithstanding.” — Catherine Rampbell, writing in the New York Times book review about “The Haves and the Have-Nots”a book written by World Bank economist and development specialist Branko Milanovic

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