I don't want you to think I'm doubting you, as this appears to be your passion and life's work and I am a newcomer to the area of economics and anarchy, but I like to live by the tenet question everything. Do you have any proof or links showing that 179,000 people exit extreme poverty daily due to the free market?
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Found it: http://www.worldbank.org/en/news/press-release/2015/10/04/world-bank-forecasts-global-poverty-to-fall-below-10-for-first-time-major-hurdles-remain-in-goal-to-end-poverty-by-2030
200 million out of extreme poverty over three years because of globalization and free trade comes to that number.
Although this number gets me to 182,000 per day, it's still the same ballpark.
Hey Rick!
Appreciate you getting back to me.
One thing though:
I'm still not convinced that this is entirely, or even mostly due to free trade and globalization. While outward looking policies for sure greatly contribute to that number, isn't it possible that inward looking policies may as well? Jim Yong Kim actually never mentions trade or tourism, and reinvested funds in education, health, and social safety have kept poverty at bay.
Regardless of what the actual number coming from free trade is, as you mentioned in this blog or a previous one, free trade is not a zero-sum game: both sides gain something more valuable to them and win, and it increases wealth. It's beautiful to see concrete proof that poverty is decreasing so quickly.
Look forward to reading your latest article tomorrow, keep up the good work!
This is a number I saw in my information firehose. I've been trying to re-source it, but didn't manage to do so for this article (my google-fu is under level 9000). I'll keep looking and will make a note to ping you too when I find source again.