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Old 06-19-08, 04:45 PM   #39 (permalink)
Scucca
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Re: Should a basic personal finance class be mandtory in High School?

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Originally Posted by SFLRN View Post
In what measurable way is the UK better at welfare policy?
Compared to the US, it is more effective at reducing poverty

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What other countries in Europe do you want to compare?
Take every Western country and compare their poverty rates and home ownership rates.

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Do you mean to say the states with less well run systems tend to have higher home ownership so that the poor in those countries have some form of insurance?
Yep, nasty typing error.

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Why are these numbers so incredibly different from the CIA worldfactbook?
Check for poverty definition differences (the standard threshold is 60% of median equivalised income, with the OECD providing the equivalence scale)! You really shouldn't be using the CIA for this stuff. The Luxembourg Income Study is more suited for poverty comparisons
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