“We will not overcome world poverty unless we manage climate change successfully. I've spent my life as a development economist, and it's crystal clear that we succeed or fail on winning the battle against world poverty and managing climate change together. If we fail on one, we fail on the other.” IfsWorldTogetherWinningPovertyClearFailingDevelopmentBattleSucceedOvercomingClimateClimate ChangeManageEconomistCrystalsWorld Poverty Author:Nicholas Stern
“Economists are coming to acknowledge that measures of national wealth and poverty in terms strictly of average income tell you little that is significant of the health or viability of a society.” LittlesTermWealthPovertyAverageSignificantIncomeAcknowledgeEconomistWealth And Poverty Author:Rowan Williams
“Capitalism with near-full employment was an impressive spectacle. But a growth in wealth is not at all the same thing as reducing poverty. A universal paean was raised in praise of growth. Growth was going to solve all problems. No need to bother about poverty. Growth will lift up the bottom and poverty will disappear without any need to pay attention to it. The economists, who should have known better, fell in with the same cry.” NeedsShouldProblemGrowthWealthPayAttentionKnownPovertyCryCapitalismEconomicsShould HaveUniversalPraiseRaisedBottomSolveDisappearEmploymentLiftsPay AttentionBotherEconomistImpressiveReducingShould Have KnownShould Have Known BetterReducing Poverty Book:Contributions to Modern Economics Source: Contributions to Modern Economics
“I was trained to become an economist and I finished my work and I was teaching and did my PhD so I thought I did that. I prepared myself for that kind of road. But then I realized that I had not learned enough to solve the problem of poverty. So I distanced myself from the things that I learned and tried to learn anew about people.” PeopleKindEnoughProblemPovertyTeachingPreparedSolveFinishedI RealizedEconomistPhds Author:Muhammad Yunus
“Easterly, a celebrated economist, presents one side in what has become an ongoing debate with fellow star-economist Jeffrey Sachs about the role of international aid in global poverty. Easterly argues that existing aid strategies have not and will not reduce poverty, because they don't seriously take into account feedback from those who need the aid and because they perpetuate western colonial tendencies.” NeedsStarsSidesPovertyRolesAccountsFellowsStrategyWesternInternationalAidsArguingDebateTendenciesEconomistFeedbackOngoingGlobal Poverty Author:Amy Lockwood
“Moyo, a Zambia-born economist, asserts that aid is not only ineffective-it's harmful. Her argument packs a strong punch because she was born and raised in Africa. Moyo believes aid money promotes the corruption of governments and the dependence of citizens, and advocates that an investment approach will do more to help reduce poverty than aid ever could.” BelieveHelpingGovernmentStrongBornPovertyCitizensApproachArgumentInvestmentRaisedCorruptionAidsPacksDependenceEconomistBorn And RaisedZambia Author:Amy Lockwood
“I mean, you just go down the line, and with any of these issues, it's about rich people staying rich. And using poverty as a weapon against people. That's what we see every day. And I'm not an economist, so I can't speak to the nuances of it, but just common sense tells me the whole thing is corrupt.” PeopleMeanSpeakCommonPovertyRichCommon SenseEconomistRich People Author:Conor Oberst
“What I did not know yet about hunger, but would find out over the next twenty-one years, was that brilliant theorists of economics do not find it worthwhile to spend time discussing issues of poverty and hunger. They believe that these will be resolved when general economic prosperity increases. These economists spend all their talents detailing the process of development and prosperity, but rarely reflect on the origin and development of poverty and hunger. A a result, poverty continues.” KnowsYearsBelieveNextProcessResultsPovertyIssuesEconomicTalentDevelopmentEconomicsIncreaseTwentiesHungerProsperityBrilliantWorthwhileEconomistSpend TimeDiscussingTwenty OneTheoristsEconomic Prosperity Author:Muhammad Yunus