As a child of the 80s, I remember We Are the World. Yeah, the song is terrible, but it was nice to see rock stars care about charity. Back then poverty in Africa was in the news all the time. But things have been changing in Africa and in other “third-world†countries. More countries are opening up their markets. China, Russia, India, and Botswana are all much freer economies than they were in 1970. But even I was shocked when I saw this graph: Mark Perry, an economics professor at UM-Flint said it best: Well, the chart above could perhaps qualify...
