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satt comments on Innovation's low-hanging fruits: on the demand or supply sides? - Less Wrong
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Hang on, isn't that conflating (1) raising the minimum of the income/wealth/welfare distribution and (2) eliminating the variance of the income/wealth/welfare distribution? Poverty could still be basically solved by the first route (and arguably is being solved) even if the second route isn't realistic.
Depends on your definition of poverty. A lot of people define it as some lower quantile of income or wealth distribution.
Fair point. I'd automatically assumed S_A was thinking of poverty in absolute terms but I didn't see him say so explicitly.
The papers you linked do indeed show the reduction in poverty, but it's nowhere close to being "solved", given the number of poor people in the first world (admittedly relatively more in US than in Sweden).