# Professor Michael Posner discusses the future of inequality

1 Faculty News December 29, 2015 ![The Atlantic logo](/sites/default/files/styles/246w/public/assets/images/con_031336.jpg?itok=T4ciY3Gl)>

Excerpt from [The Atlantic](http://www.theatlantic.com/business/archive/2015/12/hope-despair-inequality/421806/) -- "In the last 35 years we have made huge strides in reducing extreme poverty, progress that is ongoing. In 1980, half the world's population was living below the extreme poverty line; that number has now fallen to 25 percent and continues to decline. A globalized economy has been the main driver, creating millions of new jobs in less developed countries."

[Read more](http://www.theatlantic.com/business/archive/2015/12/hope-despair-inequality/421806/)