Poverty, by America
The Bottom Billion: Why the Poorest Countries are Failing and What Can Be Done About It (Grove Art)
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Americans feel poor despite being orders of magnitude richer than most others because our gov. cannot provide cheaper public options to costly private goods.
Stan Oklobdzija • Tweet
Harshith Iyer added
Naked Economics: Undressing the Dismal Science (Fully Revised and Updated)
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The Great Stagnation: How America Ate All The Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better: A Penguin eSpecial from Dutton
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Exploitation thrives when it comes to the essentials, like housing and food. Most of the 12 million Americans who take out high-interest payday loans do so not to buy luxury items or cover unexpected expenses but to pay the rent or gas bill, buy food, or meet other regular expenses. Payday loans are but one of many financial techniques—from overdra
... See moreMatthew Desmond • Evicted: Poverty and Profit in the American City
Exploitation. Now, there’s a word that has been scrubbed out of the poverty debate.42 It is a word that speaks to the fact that poverty is not just a product of low incomes. It is also a product of extractive markets. Boosting poor people’s incomes by increasing the minimum wage or public benefits, say, is absolutely crucial. But not all of those e
... See moreMatthew Desmond • Evicted: Poverty and Profit in the American City
The persistence and brutality of American poverty can be disheartening, leaving us cynical about solutions. But as Scott and Patrice will tell you, a good home can serve as the sturdiest of footholds. When people have a place to live, they become better parents, workers, and citizens. If Arleen and Vanetta didn’t have to dedicate 70 or 80 percent o
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