There But for Fortune Written by Phil Ochs, Sung by Joan Baez
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Transcript of There But for Fortune Written by Phil Ochs, Sung by Joan Baez
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There But for Fortune Written by Phil Ochs, Sung by Joan Baez
Show me a prison, show me a jailShow me a pris'ner whose face has grown pale
And I'll show you a young manWith many reasons whyThere but for fortune, go you or I
Show me an alley, show me a trainShow me a hobo who sleeps out in the rain
And I'll show you a young manWith many reasons whyThere but for fortune, go you or I
Show me the whiskey stains on the floorShow me a drunk as he stumbles out the door
And I'll show you a young manWith many reasons whyThere but for fortune, go you or I
Show me a country where the bombs had to fallShow me the ruins of buildings so tall
And I'll show you a young landWith many reasons whyThere but for fortune, go you or IYou or I
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BBCIndia unveils prototype for $35 touch-screen
computer23 July 2010
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Source: World Bank World Development Indicators
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•Now the Democratic Republic of the Congo ** PPP purchasing power parity *** FX foreign exchange.Sources: CIA World Factbook and World Bank World Development Indicators.
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Therefore, a lot is at stake in the question of whether world income distribution has become more, or less, equal over the past twenty years or so. It turns out that there is no single correct answer, because the answer depends on which combination of measures one adopts.
….
My reading of the evidence suggests that none of the eight alternative measures clearly shows that world income distribution has become more equal over the past twenty years. Seven of the eight show varying degrees of increasing inequality. The eighth…. shows no significant change in world income distribution.
Robert Hunter Wade, LSE & Brown University The Rising Inequality of World Income Distribution
Finance & Development, A quarterly magazine of the IMF December 2001, Volume 38, Number 4
http://www.imf.org/external/pubs/ft/fandd/2001/12/wade.htm
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We estimate the W[orld] D[istribution] [of] I[ncome] by integrating individual income distributions for 138 countries between 1970 and 2000. . Poverty rates and headcounts are reported for four specific poverty lines. [[Poverty]Rates in 2000 were between one-third and one-half of what they were in 1970 for all four lines. There were between 250 and 500 million fewer poor in 2000 than in 1970. We estimate eight indexes of income inequality implied by our world distribution of income. All of them show reductions in global inequality during the 1980s and 1990s.
Xavier Sala-i-MartinColumbia University
“THE WORLD DISTRIBUTION OF INCOME:FALLING POVERTY AND… CONVERGENCE,
PERIOD”http://www.columbia.edu/~xs23/papers/pdfs/World_Income_Distribution_QJE.pdf
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http://www.sasi.group.shef.ac.uk/worldmapper/index.html
Each territory's size on the map is drawn according to its land area.
Land Area
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Total Population (2002) The size of each territory shows the relative proportion of the world's population living there
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GDP WealthTerritory size shows the proportion of worldwide wealth, that is Gross Domestic Product based on exchange rates with the US$, that is found there.
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The Wretched Dollar Territory size shows the proportion of all people living on less than or equal to US$1 in purchasing power parity a day.