Policy Experts Face Off Over Poverty Eradication
Thursday, November 19, 2009 - 17:56
in Mathematics & Economics
Many politicians see government welfare as the best way to address the problem of poverty in society. President Barack Obama, for example, recently promised to halve poverty within ten years, and his Republican opponent, John McCain, similarly vowed to make poverty eradication a top priority of his Administration. Others, however, say that even in the current economic situation, in developed countries, this kind of rhetoric about cutting "poverty" is misleadingly outmoded—because it implicitly suggests that government income transfers are the best vehicle for achieving substantial reductions in poverty. read more