Peter Gratton, PhD, is an editor at Investopedia, book author, and professor of philosophy. He covers political theory, technology, finance, and political economy. Views are definitely my own.
Reposted by Peter Gratton
🔗: www.theatlantic.com/ideas/2025/1...
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"We estimate that reducing the poverty rate to 1% ... would cost $170B nominal per year."
"The results correspond to a cost of (approximately) ending extreme poverty of roughly 0.3% of global GDP."
Reposted by James P. Collins, Peter Gratton
"We estimate that reducing the poverty rate to 1% ... would cost $170B nominal per year."
"The results correspond to a cost of (approximately) ending extreme poverty of roughly 0.3% of global GDP."
AI might be able to summarize (poorly) what we currently know, but a major goal of historical research is to find the hidden surprises out there.
Let me illustrate …