Monday, November 24, 2025

Don't Ask "Why Is There Still Poverty?"

Don't ask 'Why is there still poverty?' but why any place got developed at all by Tibor Rutar, University of Maribor (Slovenia)

There is strong evidence that democracies above a certain income threshold – roughly $6,055 of GDP per capita in constant 1985 purchasing power terms – rarely break down, with only a few exceptions. Adam Przeworski et al. first established this pattern in a dataset spanning 1950-1990. Above, the figure shows the pattern still mostly holds from 1990 onward.


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