Quote:
Originally Posted by
tonton 
As I explained, there is much question as to the veracity and full context of those 'facts'. I disagree that they qualify as such. So I disagree that Jimmac, BR and I are ignoring any 'facts'.
But you have not
shown which ones are wrong or inaccurate, you have only claimed it and hand waved these articles away. Perhaps because they don't fit with your view of the world.
Quote:
Originally Posted by
tonton 
Meanwhile you are ignoring a few very blatant facts:
That what you are presenting as "blatant facts" is questionable.
Quote:
Originally Posted by
tonton 
There are several European countries that have followed a Keynesian economic model.
You seem to live in this strange fictional world in which things are all black and white. Your statement here (as well as your questions about Austrian economics) demonstrate both an ignorance of both of these monikers as well as the simplistic assumption that something is all one way or all another.
Quote:
Originally Posted by
tonton 
All of these countries have lower poverty than the US.
We've discussed the problems with the measures. You have failed to provide a single, objective measure so that we can make these comparisons properly. You refused to discuss this and reverted to anecdotal comparisons.
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Originally Posted by
tonton 
It's possible that a country's overall 'wealth' can increase while poverty also increases.
Yes, that's true.
Quote:
Originally Posted by
tonton 
It's possible that a country's overall 'wealth' can decrease while poverty also decreases.
Less likely, but possible, yes.
Quote:
Originally Posted by
tonton 
The idea that wealth creation absent other economic factors will decrease poverty is an unproven theory.
You are correct. I don't believe anyone is claiming this. Smells like a straw man.
Quote:
Originally Posted by
tonton 
Fair enough. I'll start, in this thread, by providing a fair definition of poverty, and you can follow by providing yours.
My definition of poverty is actually the same as Nick's, with one qualifier:
Poverty is the inability to generate enough wealth to provide a reasonably humane and stable standard of living.
Your turn.
I already started:
Quote:
Originally Posted by MJ1970
I'm not a statistician or demographer, but if I were trying to create an objective measure of poverty I would start with some things like:
- earned income equal to or higher than personal spending
- ability to afford from self-earned income (i.e., without charitable or government assistance) enough food to satisfy basic housing, clothing and nutritional needs
I also agree that the ability to generate wealth is part of the equation. Since I'm searching for more objective ways to say that, I would say the ability to consume (spend) less than they produce (earned income). Which is basically my first point. This can be measured objectively.
We'd need to determine what "basic housing, clothing and nutritional needs" means objectively. The nutritional one can probably be measured in the ability to afford a certain number of calories per person, per day. Housing might be a minimum square footage of shelter. Not sure.
As to yours...first, thank you for finally offering one.
Second, what I'd like to get to is something more
objective than the words like "reasonably humane" standard of living offer. How can we make that definition more objectively measurable? Because, frankly, it is open to widely ranging interpretation and opinion about what is "reasonable" and what is "humane."