[lbo-talk] how rich are you?

Doug Henwood dhenwood at panix.com
Fri Sep 12 07:55:10 PDT 2003


Chris Doss wrote:


>Gag. Doesn't PPP count for anything? A Muscovite who earns $12,000 a
>year has more buying power than a New Yorker who earns $75,000.

The underlying stats are from Branko Milanovic of the World Bank, who did use PPP. Milanovic isn't some standard-issue WB hack either - he's somewhere left of center, though I'm not sure how far left.

Doug



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