The Economics of Poverty

China’s position as the world’s factory is shifting. Growth is slowing to approximately 4-5%, wages are rising, the workforce is shrinking due to an aging population, the property crisis is weighing on GDP, and Western tariffs are restricting exports. For decades, China produced ...  Show more

Home ownership is now unattainable in every major city worldwide. For the first time, none of the 95 cities tracked by Demographia are considered affordable. In cities such as Hong Kong (14.4 times income), Sydney (13.8 times), Vancouver, London, and San Francisco, housing prices ...  Show more

The paradox of poverty amidst plenty has plagued the United States throughout the 21st century--why should the wealthiest country in the world also have the highest rates of poverty among the industrialized nations? Based on his decades-long research and scholarship, one of the n ...  Show more

The paradox of poverty amidst plenty has plagued the United States throughout the 21st century--why should the wealthiest country in the world also have the highest rates of poverty among the industrialized nations? Based on his decades-long research and scholarship, one of the n ...  Show more

Some people think that economic development is the only way to end poverty while others believe that it is causing damage to the environment and so should be stopped. Discuss both these views and give your own opinion.   economic development/growth/advancement/advances end/elimin ...  Show more

What's the best way to help people stuck in poverty get out of poverty? Arthur Brooks, president of the American Enterprise Institute, shows where conservatives and progressives differ.