Becky Rice

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  1. Why do we have poverty and what is the best policy in eliminating it?

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    35 comments  ·  Everyday Economics - Suggest a New Topic  ·  Admin →
    How important is this to you?
    answered  ·  AdminRoman Hardgrave (Chief of Product, Marginal Revolution University) responded

    Great question! I’d start with this section in Principles of Macro:

    https://mru.org/courses/principles-economics-macroeconomics/gdp-per-capita-purchasing-power-parity-example

    Then if you want to go deeper, I’d suggest diving into development economics. We have a our course here:
    https://mru.org/courses/development-economics

    There are also a lot of good books on the subject. You’ll see some of the featured at the beginning of the puzzle of growth video in Macro.

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    Becky Rice commented  · 

    Poverty exists due to unequal access to resources, education, and employment opportunities, often rooted in systemic inequality. The best policy to eliminate it is a combination of social welfare, quality education, and job creation programs. Tools like https://sassa-statuschecks.web.za/ help ensure aid reaches those in need efficiently.

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