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	<description>No amount of experimentation can ever prove me right; a single experiment can prove me wrong.</description>
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		<title>How Many People are Poorer than Me?</title>
		<link>http://skeptical.maxwells.net.nz/2009/09/how-many-people-are-poorer-than-me/</link>
		<comments>http://skeptical.maxwells.net.nz/2009/09/how-many-people-are-poorer-than-me/#comments</comments>
		<pubDate>Wed, 09 Sep 2009 02:43:20 +0000</pubDate>
		<dc:creator>Richard</dc:creator>
				<category><![CDATA[We don't know how lucky we are]]></category>
		<category><![CDATA[Statistics]]></category>

		<guid isPermaLink="false">http://skeptical.maxwells.net.nz/?p=27</guid>
		<description><![CDATA[Whenever someone whinges that they are &#8220;too poor&#8221;, I&#8217;ve started to lambaste them with statements like: &#8220;Dude, 6 billion people earn less than you, quit complaining!&#8221; However, for once I would like to be backed up by actual facts, rather than hearsay and conjecture. So I decided to do some research&#8230; The Result What I [...]]]></description>
			<content:encoded><![CDATA[<p>Whenever someone whinges that they are &#8220;too poor&#8221;, I&#8217;ve started to lambaste them with statements like:</p>
<p>&#8220;Dude, <strong><em>6 billion</em></strong> people earn <span style="text-decoration: underline;">less than you</span>, quit complaining!&#8221;</p>
<p>However, for once I would like to be backed up by actual facts, rather than hearsay and conjecture. So I decided to do some research&#8230;</p>
<p><span id="more-27"></span></p>
<h3>The Result</h3>
<p>What I came up with is shown in Table 1. Pretty eh?</p>
<p>So now I can say, with all the confidence that a fully researched number can provide, the following:</p>
<p>&#8220;Dude, <strong><em>6.9 billion</em></strong> people earn <span style="text-decoration: underline;">less than you</span>, quit complaining!&#8221;</p>
<h3>The Devil is in the Details</h3>
<p>Who would have thought finding a graph or a dataset of population vs Income per person would be so hard?! Googling for over an hour resulted is nothing. Apparently this is the sort of stuff that PhD&#8217;s write papers about.</p>
<p>Luckily for me I had recently stumbled across <a title="Gap Minder" href="http://www.gapminder.org/" target="_blank">gapminder</a>. I took their 2005 population and GDP per capita PPP datasets, added some excel magic and generated the table below.</p>
<table border="1">
<caption>Table 1: Yearly incomes and the amount of people who earn less</caption>
<tbody>
<tr>
<th scope="col">Yearly Income ($USD)</th>
<th scope="col">Population Who Earn Less</th>
<th scope="col">World Population Percent Who Earn Less</th>
</tr>
<tr>
<td>$100</td>
<td>864,953,044</td>
<td>12.50%</td>
</tr>
<tr>
<td>$1,000</td>
<td>1,231,976,709</td>
<td>17.80%</td>
</tr>
<tr>
<td>$10,000</td>
<td>5,644,437,753</td>
<td>81.55%</td>
</tr>
<tr>
<td>$25,000</td>
<td>6,018,449,166</td>
<td>86.95%</td>
</tr>
<tr>
<td>$50,000</td>
<td>6,919,823,745</td>
<td>99.98%</td>
</tr>
<tr>
<td>$100,000</td>
<td>6,921,345,261</td>
<td>100.00%</td>
</tr>
</tbody>
</table>
<p><strong>Now, this table has one major gotcha:</strong></p>
<p>The Income is an <em>average per country</em>.</p>
<p>For example, the USA has an average income of $41,674 per year. If you earn more than that, then I would assume you earn more than the entire population of the USA. <em>You have to watch out when dealing with them pesky averages!</em></p>
<p>This also explains why it seems that no-one earns more than $100,000 a year, it seems that averages have never heard of Bill Gates, or the Sultan of Brunei.</p>
<h3>You Didn&#8217;t Actually Answer the Question</h3>
<p>Oh didn&#8217;t I? Sorry, I have a habit of explaining my answer instead of actually answering it.</p>
<p>According to Table 1, I must be earning between 99.98% to 100.00% more than everyone else in the world.</p>
<p>Guess that means I&#8217;m pretty damned rich eh?</p>
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