The Persistence of Poverty: Why the Economics of the Well-Off Can't Help the Poor

The Persistence of Poverty Why the Economics of the Well Off Can t Help the Poor In this important book one of our boldest and most original thinkers charges that conventional explanations of poverty are mistaken and that the anti poverty policies built upon them are doomed to f

  • Title: The Persistence of Poverty: Why the Economics of the Well-Off Can't Help the Poor
  • Author: Charles H. Karelis
  • ISBN: 9780300120905
  • Page: 109
  • Format: Hardcover
  • In this important book, one of our boldest and most original thinkers charges that conventional explanations of poverty are mistaken, and that the anti poverty policies built upon them are doomed to fail Using science, history, fables, philosophical analysis, and common observation, Charles Karelis engages us and takes us to a deeper grasp of the link between consumptionIn this important book, one of our boldest and most original thinkers charges that conventional explanations of poverty are mistaken, and that the anti poverty policies built upon them are doomed to fail Using science, history, fables, philosophical analysis, and common observation, Charles Karelis engages us and takes us to a deeper grasp of the link between consumption and satisfaction and from there to a new and persuasive explanation of what keeps poor people poor Above all, he shows how this fresh perspective can reinspire the long stalled campaign against poverty.

    The Persistence of Memory The Persistence of Memory The Persistence of Memory Catalan La persistncia de la memria is a painting by artist Salvador Dal, and is one of his most recognizable works First shown at the Julien Levy Gallery in , since the painting has been in the collection of the Museum of Modern Art MoMA in New York City, The Persistence Game PS PlayStation Procedurally generated first person horror in VR The Persistence is a first person stealth horror exclusively for PlayStation PlayStationVR Set on board a deep space scientific vessel called The Persistence in the year , the ship arrives at the site of a The Persistence of Memory by Salvador Dali Facts History The Persistence of Memory was painted by Salvador Dali in and is one of his most famous works It is currently housed in the Museum of Modern Art, New York It has a huge fan following to date and is frequently referred to in popular culture The surrealist artist Salvador Dali May , to January , was born in Figueres, Spain. The Persistence of Anti Semitism The New York Times Jan , The Persistence of Anti Semitism Image A National Socialist Movement rally in Georgia on April , Credit Credit Spencer Platt Getty Images. The History of The Persistence of Memory by Salvador Dali Oct , Salvador Dal, The Persistence of Memory, With its strange subject matter and dream like atmosphere, Salvador Dal s painting, The Persistence of Memory , has become a well known symbol of Surrealism. Persistence of Memory, by Salvador Dali Paintings The Persistence of Memory, Salvador Dali WikiArt Nov , Salvador Dali The Persistence of Memory is by far Salvador Dali s most recognizable painting, and there are many references to it in popular culture Although it was conjectured that the soft melting watches were the result of Dali s interpretation of the theory of relativity, Dali himself state that their inspiration was camembert cheese melting Persistence Definition of Persistence by Merriam Webster Definition of persistence the action or fact of persisting the quality or state of being persistent especially perseverance.

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    About " Charles H. Karelis "

  • Charles H. Karelis

    Charles H. Karelis Is a well-known author, some of his books are a fascination for readers like in the The Persistence of Poverty: Why the Economics of the Well-Off Can't Help the Poor book, this is one of the most wanted Charles H. Karelis author readers around the world.

  • 276 Comments

  • This unassuming little book (albeit with a strident subtitle) does something strange and convincing: convinces the world that the venerable law of diminishing marginal returns is ill-conceived and dead wrong. In particular, he demonstrates that during conditions of insufficiency or scarcity, some types of goods (what he calls "relievers" rather than "pleasers") exhibit behavior where each addition to consumption adds greater and greater benefits. His point in damn-near demolishing a central "law [...]


  • A fascinating book that made me think hard and often. What made the book so thought-provoking is that, if true, the main argument turns much of the conventional thinking on poverty policy on its head. It significantly changed my thinking on poverty. I don't know if the author is correct, but I will be looking for evidence one way or the other for a long time.The basic point is that consumption to relieve misery is qualitatively different than consumption meant give pleasure (exhibiting increasin [...]


  • Using common sense and philosophy to argue for a different way of thinking through economic models? Necessary.


  • I agree that this is an important book, helping to explain why poor people tend to do five things that help keep them poor: not working at paying jobs, not saving, not pursuing education, drinking to excess, and taking risks with the law. Through thoughtful introspection and careful logic, Karelis reframes conventional economic thinking to establish a framework in which those choices are rational for people with incomes less than sufficient for meeting basic needs. The final chapter, "Economic J [...]


  • Although it has its flaws, The Persistence of Poverty is a highly interesting book. Its premise is that there are conditions where the Law of Diminishing Returns is violated, and these are exactly the conditions that the poor face. In essence, they are trapped in a potential well which is difficult to escape. He further divides goods into different subtypes, depending on the velocity of their marginal utility (as a function of wealth). It's very interesting, and certainly very plausible.The prob [...]


  • Compact and to the point. It takes on the many notions that people have about poverty and why so many poor people seem unable to get out of that status and posists some new approaches to considering the problem. Most of the ideas seem like things I would have imagined most people already thought--that the old conceptions are still so prevalent that a book like this seems like a set of new ideas is an unfortunate statement about how terribly misguided and inconsiderate this nation that believes i [...]


  • A revolutionary premise tediously presented, The Persistence of Poverty felt like a slog and a half even at a slim 163 pages of text. I guess the endless jargon, impenetrable graphs, and interruptive appendices were necessary to fully rebut the sacrosanct economic presumptions he was tackling - but that's cold comfort to the lay reader. You can get the gist in this summary by Steven Pearlstein in the Washington Post.


  • Fascinating read for anyone who has ever wondered why the poor behave in a manner that is not self-serving (Ex: Why don't the poor work more if more income would improve their situation). Karelis makes a strong argument of how to treat the poor and explains the behavior of the impoverished in our country.


  • Great book with an astounding fundamental premise - that the economic law of diminishing marginal returns is incorrect. Lays out a strong argument for redefining it, and while it doesn't offer much in terms of practical advice, it's a very interesting concept to explore.


  • A clear compact discussion between economic theory, real world evidence, and policy. This is how people should argue.




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