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Saturday, September 21, 2013

The Mental Strain from Being Poor

Sendhil Mullainatha:

... In a paper published last month in Science, with Profs. Anandi Mani at the University of Warwick and Jiaying Zhao at the University of British Columbia, Professor Shafir and I waded into politically charged territory. Some people argue that the poor make terrible choices and do so because they are inherently less capable. But our analysis of scarcity suggests a different perspective: perhaps the poor are just as capable as everyone else. Perhaps the problem is not poor people but the mental strain that poverty imposes on anyone who must endure it. ...

Much more here.

    Posted by on Saturday, September 21, 2013 at 06:11 PM in Economics | Permalink  Comments (54)


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