This is an incorrect definition of relative poverty as on that basis then number... | Hacker News

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		JamisonM on Nov 8, 2022 \| parent \| context \| favorite \| on: India lifted 415M out of poverty in 15 years, says... This is an incorrect definition of relative poverty as on that basis then number of people in poverty will never change - no one interested in serious analysis would use such a definition as it is not useful.

BurningFrog on Nov 8, 2022 [–]

I agree with your critique, but you still see it being used a lot. There is plenty of unserious analysis around...

The better version is people living under x% of the average living standard.

JamisonM on Nov 8, 2022 | [–]

I have not seen such a definition in the wild myself.

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