Once poor, always poor?
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Once poor, always poor?
1–10 of 358 posts
Re: Once poor, always poor?
#2So what does this say about the intergenerational poverty in the US?
Re: Once poor, always poor?
#3"It is a sad and little-known reality that poverty tends to persist between generations".
Is it? To me it's intuitively obvious and I can't think of any real person who would disagree?
I can't even conceive of a different way this could work. Reducing the correlation to zero would require basically removing money's functional utility.
Re: Once poor, always poor?
#4"It is a sad and little-known reality that poverty tends to persist between generations". Is it? To me it's intuitively obvious and I can't think of any real person who would disagree? I can't even conceive of a different way this could work. Reducing the correlation to zero would require basically removing money's functional utility.
Perhaps "little-acknowledged-by-politicians" is more apt.
Re: Once poor, always poor?
#5I'm curious whether remote work will have a tangible effect on global poverty and if so, how it could be measured.
Re: Once poor, always poor?
#6"It is a sad and little-known reality that poverty tends to persist between generations". Is it? To me it's intuitively obvious and I can't think of any real person who would disagree? I can't even conceive of a different way this could work. Reducing the correlation to zero would require basically removing money's functional utility.
Perhaps "little-acknowledged-by-politicians" is more apt.
Probably, not just by politicians, but also from everyone who strongly believes is pulling themselves by bootstraps.
Re: Once poor, always poor?
#7"It is a sad and little-known reality that poverty tends to persist between generations". Is it? To me it's intuitively obvious and I can't think of any real person who would disagree? I can't even conceive of a different way this could work. Reducing the correlation to zero would require basically removing money's functional utility.
Sweden does it. It takes about a 30-35% tax rate.[1]
Nigeria is a poor country which still has a high birth rate. Outside of Africa, almost all countries are past that. Even China and India.
Re: Once poor, always poor?
#8I'm curious whether remote work will have a tangible effect on global poverty and if so, how it could be measured.
Remote work requires an investment in space and equipment that can be quite expensive. Someone can be a great candidate, but can't afford the computer, tablet and space they need to interview or get work done, and they'll be skipped over for someone who can afford it.
Re: Once poor, always poor?
#9No post body was provided.
Re: Once poor, always poor?
#10I'm curious whether remote work will have a tangible effect on global poverty and if so, how it could be measured.
Only if companies stop relying on "cost of labor" type metrics to set remote pay adjustments.