Tag: chronic generational poverty

Theology and Economics: The Question of Relative Poverty

Aug 31, 2006

—

by

mwkruse

in Poverty, Series: Theology and Economics, Weatlh and Income Distribution

Two posts ago, I wrote: Relative poverty is based on a statistical distribution. Theoretically, we could place the amount of wealth each person or family has on a continuum. Then we decide that people who are below some percentage cutoff line on the continuum (5%? 10%? 20%?) are in poverty. The only way poverty is…