Poverty – Kruse Kronicle

How to Increase Intergenerational Mobility

Mar 9, 2021

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in Economic Development, Poverty, Public Policy, Wealth and Income, Weatlh and Income Distribution

Intergenerational mobility is low in the US. Economist Timothy Taylor discusses findings from a recent study investigating how we might make improvements: Intergenerational Mobility and Neighborhood Effects. The unique study incorporates 20.5 million Americans and enables them to analyze down to the city block level. The study determined that neighborhood (.5 mile radius around…

Why Population Control Is Not The Answer to Climate Change

Oct 1, 2019

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by

mwkruse

in Demography, Economics, Environment, Great Divergence, Poverty, Public Policy, Trends: Economic, Trends: Social

Population control is sometimes championed as a way to fight climate change. Bernie Sanders recently raised this idea. The world population is growing. There are 7.7 billion people today. According to United Nations estimates, there will be nearly 11 billion in 2100. Extra people mean extra CO2 emissions. While two children per woman may seem…

Extreme Poverty is Vanishing. What Does That Mean in Practical Terms?

Mar 12, 2019

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by

mwkruse

in Economic Development, Poverty, Trends: Economic, Trends: Social, Wealth and Income

Throughout human history, 90% of people have lived at a subsistence level – at or under what economists today call the extreme poverty line. Between 1820 and 1980, that percentage shrank by half to 44%. Between 1980 and 2005, it halved again to about 22%. During the next ten years, it has more than halved…

“Is Fair Trade Fair?” – Primer on Free Trade Coffee

Jan 20, 2017

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by

mwkruse

in Capitalism and Markets, Economic Development, Poverty

What are the economic merits of Free Trade Coffee? In this video, my friend Victor Claar (professor of economics at Henderson State University) gives a 25 minute presentation about the economics of fair trade. It was originally presented at the Macmillan's EconEd Conference last year. The audience is economics teachers, but the presentation is accessible…

Don’t Forget the Good Stuff

Dec 23, 2016

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mwkruse

in Demography, Education, Great Divergence, Health and Medicine, Politics, Poverty, Trends: Economic, Trends: Social, Wealth and Income

It is easy to become obsessed with the challenges and threats we see before us today. It is easy to lose sight of the bigger picture and not see the tremendous good happening in the world. Here are six social indicators pointing to improving the quality of life for billions around the globe. Setbacks and…

More Evidence of an Improving World – HDI

Mar 18, 2016

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by

mwkruse

in Demography, Economic Development, Globalization, Great Divergence, International Affairs, Poverty, Sociology, Trends: Economic, Trends: Social

The world is becoming a better place. It is not a utopia. We are not without substantial challenges. But we are becoming (as in movement along a trajectory) better (as in measurably improved according to a standard.) The Human Development Index is a United Nations measure of well-being combining income, literacy, education, and life expectancy…

Rosling Univeristy (How to be smarter than a chimp)

Mar 1, 2016

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by

mwkruse

in Demography, Economic Development, Economics, Globalization, Great Divergence, Health and Medicine, Politics, Poverty, Public Policy, Sociology, Trends: Economic, Trends: Social, Wealth and Income

Are you smarter than a chimp? There is a good chance you are not when it comes to knowledge about global socioeconomic trends. For years, Swedish global health expert, Hans Rosling, has been giving Ted talks and making presentations about global trends. One of his favorite teaching tools is to ask people a question like…

Half of Global Wealth Owned by 62 People: How Oxfam Lies While Telling the Truth

Jan 21, 2016

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by

mwkruse

in Capitalism and Markets, Economic Development, Poverty, Trends: Economic, Wealth and Income, Weatlh and Income Distribution

Once again, Oxfam is circulating that 62 people have as much wealth as the bottom half of the world's population. Think about that for a moment. When you read that, what do you think that means? Particularly, what is wealth? Many people will interpret "wealth" as financial assets. Many others realize wealth includes the value…

How Nobel winner’s work links international aid and poverty

Oct 12, 2015

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by

mwkruse

in Economics, Poverty

AP: How Nobel winner's work links international aid and poverty Angus Deaton has dug into obscure data to explore a range of problems: The scope of poverty in India. How poor countries treat young girls. The link between income inequality and economic growth. The Princeton University economist's research has raised doubts about sweeping solutions to…

World Bank: Extreme poverty ‘to fall below 10%’

Oct 5, 2015

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by

mwkruse

in Capitalism and Markets, Great Divergence, Poverty, Trends: Economic

BBC: World Bank: Extreme poverty 'to fall below 10%' The World Bank has said that for the first time less than 10% of the world's population will be living in extreme poverty by the end of 2015. The bank said it was using a new income figure of $1.90 per day to define extreme poverty,…

Category: Poverty