The Distribution of Literacy is More Important than the Distribution of Wealth

A large component of happiness is being able to manage (aka “deal with”) the world. In my opinion, this has much more to do with literacy than it has to do with wealth.

That’s why I’m far more concerned about the fact that more than 99% are still by and large illiterate than I am about whether they “only” earn 100 times as much as a Chinese worker.