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by waffleiron
581 days ago
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Do note that HDI does indeed depend on some assumptions and those includes "equating earning more money with a "better life"" as GNI (PPP) per capita. With no further increases after 75k USD (International dollar), unadjusted for inflation since introduction more than a decade ago. It also does give large amount of value to traditional education (i.e. total amount of years in full time schooling) and not outcomes of that (e.g. literacy). Schooling is also capped at 18 years, which is in line with a Master in most western countries; if schooling is this important then why cap it? |
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