https://tankie.tube/videos/watch/526da487-0bb9-474f-a9d7-6c3c825308ca This video explains some of the deceptive practices common in the creation of many popular economics metrics & their use, using as some examples the World Bank's International Poverty Line of $1.9 a day, the Maddison Project's Historical GDP Figures, and the Heritage Foundation's Index of Economic Freedom. It also, along the way, explains how to avoid being manipulated by those who lie and misuse such statistics. Support me on Patreon: https://patreon.com/BadEmpanada Follow my Instagram: https://instagram.com/BadEmpanada Become a member on YouTube: https://www.youtube.com/BadEmpanada/join One-time donations: https://ko-fi.com/BadEmpanada Second Channel: https://www.youtube.com/channel/UCjY9R3_6sxfUViabj93Vnhw Sources (in order of first appearance): [1] https://www.worldbank.org/en/topic/poverty/brief/global-poverty-line-faq [2] https://www.worldbank.org/en/news/factsheet/2022/05/02/fact-sheet-an-adjustment-to-global-poverty-lines#1 [3] https://web.archive.org/web/20240104014713/https://www.oecd-ilibrary.org/sites/e20f2f1a-en/index.html?itemId=/content/component/e20f2f1a-en [4] https://www.argentina.gob.ar/sites/default/files/nota_sobre_la_evolucion_de_la_indigencia_y_pobreza_s2_2018.pdf [5] https://www.degruyter.com/document/doi/10.1515/jgd-2016-0033/html [6] https://www.un.org/en/global-issues/decolonization [7] https://www.theguardian.com/global-development-professionals-network/2015/nov/01/global-poverty-is-worse-than-you-think-could-you-live-on-190-a-day#:~:text=He%20calculates%20that%20in%20order,it's%20about%20%247.40%20a%20day [8] https://www.resilience.org/stories/2019-02-04/a-letter-to-steven-pinker-about-global-poverty/ [9] A Brief History of Neoliberalism, David Harvey. [10] China’s GDP Per Capita from the Han Dynasty to Communist Times, Kent Deng. [11] https://www.heritage.org/conservatism/commentary/project-2025 [12] https://www.heritage.org/index/pages/about [13] https://static.heritage.org/index/pdf/2024/2024_indexofeconomicfreedom.pdf [14] https://www.theguardian.com/world/article/2024/jul/19/israels-settlement-policies-break-international-law-court-finds [15] https://www.niskanencenter.org/author/mdarling/ [16] https://libertystreeteconomics.newyorkfed.org/2021/05/womens-labor-force-participation-was-rising-to-record-highsuntil-the-pandemic-hit/ [17] https://fred.stlouisfed.org/series/AHETPI 00:00 Intro 02:38 Part 1: The Global Poverty Line 18:06 Part 2: Historical GDP 27:12 Part 3: The Index of Economic Freedom 34:35 Part 4: Example of data manipulation 44:26 Conclusion Economic Freedom Ranking $1 a day poverty line $1.9 a day poverty line $2.15 a day poverty line dollar a day dollars per day Maddison Project Historical GDP Data Historic GDP Matthew Darling Matt Darling Real Wages Inflation Thu, 09 Apr 2026 00:40:30 GMT https://validator.w3.org/feed/docs/rss2.html PeerTube - https://tankie.tube https://tankie.tube/lazy-static/avatars/3ba3ff73-a8b6-49c9-add8-9653ef090c7f.webp https://tankie.tube/videos/watch/526da487-0bb9-474f-a9d7-6c3c825308ca All rights reserved, unless otherwise specified in the terms specified at https://tankie.tube/about and potential licenses granted by each content's rightholder.