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Extreme poverty, child labor, and inequality in well-being have all fallen since 2000

World Bank Poverty and Inequality Platform, “Number of People Living in Extreme Poverty, 1974 to 2019,” Our World in Data; “Child Labour: Global Estimates 2020, Trends, and the Road Forward,” International Labour Organization and United Nations Children’s Fund, 2021. p. 23; and Chelsea Follett and VIncent Geloso, “Global Inequality in Well‐​Being Has Decreased across Many Dimensions,” Cato Institute Policy Analysis no. 949, June 8, 2023.

Inequality in well-being is a combined measure including income inequality as well as inequalities in lifespan, infant mortality, adequate nutrition, environmental safety, access to opportunity (as measured by education), access to information (as measured by internet access), and political freedom.

Johan Norberg, “Globalization: A Race to the Bottom—or to the Top?,” Cato Institute, October 24, 2023.

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