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  • Format: ePub

Understand poverty and escape povertyis a book on economics with rich content, born from deep understanding of the economic life of the poor. This is a book that brings together many types of theories, telling not only what the poor can achieve, but also why they need to be pushed, and where to "push". Each chapter describes how to search for emerging problems, and shows how to fix them. We start from the essential aspects of family life: what poor people buy, what they do to solve their children's education problems, the health of themselves, their children or their parents; how many children…mehr

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Produktbeschreibung
Understand poverty and escape povertyis a book on economics with rich content, born from deep understanding of the economic life of the poor. This is a book that brings together many types of theories, telling not only what the poor can achieve, but also why they need to be pushed, and where to "push". Each chapter describes how to search for emerging problems, and shows how to fix them. We start from the essential aspects of family life: what poor people buy, what they do to solve their children's education problems, the health of themselves, their children or their parents; how many children they want etc. Next we will explain how markets and institutions affect the poor; Can they borrow, save themselves, and secure their lives against the dangers they face? What can government do, and when can it not help them? Throughout the book, many basic issues will be turned back and forth. Are there ways for poor people to improve their lives, and what is preventing them from doing so? Is it more expensive to start, or is it easy to start but harder to maintain? How can it be so expensive? Can people recognize the core of security and welfare? If not, why do they have trouble finding out about it?

Through Understanding Poverty Escaping Poverty, the lives of the poor and the choices they face will tell us how to fight poverty in the world. It helps us understand, for example, why microfinance is useful even though it is not as magical as some people think; Why do poor people often choose health care that does more harm than good? Why do many poor children go to school year after year but still don't learn anything; Why don't poor people want health insurance? And it also partly shows why many previously considered miraculous solutions have now failed. This book will also say a lot about what people hope for: why nominal subsidies can have real effects; how to secure better markets; why the principle "less is more" can be true in education; Why good jobs matter for growth. And most importantly, it clarifies why it is necessary to hope and never stop learning, why it is necessary to keep trying every time the challenge seems too much to bear. Success is not always as distant as we think.


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