Poverty Traps

(Paperback)

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Description

Much popular belief--and public policy--rests on the idea that those born into poverty have it in their power to escape. But the persistence of poverty and ever-growing economic inequality around the world have led many economists to seriously question the model of individual economic self-determination when it comes to the poor. In Poverty Traps,

Reviews

"The collection is a thought-provoking book that provides a comprehensive examination of persistent poverty in both the United States and developing counties... Poverty Traps should be read by any economist, social scientist, policymaker, or anyone else interested in the study of persistent poverty."--William Levernier, Journal of Regional Science

Author Bio

Samuel Bowles is Research Professor and Director of the Behavioral Sciences Program at the Santa Fe Institute, and Professor of Economics at the University of Siena. Steven N. Durlauf is Kenneth J. Arrow Professor of Economics at the University of Wisconsin, Madison. Karla Hoff is a Senior Research Economist at the World Bank.