Listen "The Myth of the Poverty Trap"
Episode Synopsis
In 1981, an estimated 44 percent of the global population lived in extreme poverty. In 2019, that number shrank to just 9 percent. We often think of poverty as a trap, but recent research shows it doesn’t have to be. The economist and co-founder of GiveDirectly, Paul Niehaus, explains how extreme poverty fell over the past 40 years and how it could be eliminated for good.
Further reading:
“How Poverty Fell,” by Vincent Armentano, Paul Niehaus, and Tom Vogl
“How Progressives Froze the American Dream,” by Yoni Appelbaum
One Illness Away: Why People Become Poor and How They Escape Poverty, by Anirudh Krishna
Get more from your favorite Atlantic voices when you subscribe. You’ll enjoy unlimited access to Pulitzer-winning journalism, from clear-eyed analysis and insight on breaking news to fascinating explorations of our world. Subscribe today at TheAtlantic.com/podsub.
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Further reading:
“How Poverty Fell,” by Vincent Armentano, Paul Niehaus, and Tom Vogl
“How Progressives Froze the American Dream,” by Yoni Appelbaum
One Illness Away: Why People Become Poor and How They Escape Poverty, by Anirudh Krishna
Get more from your favorite Atlantic voices when you subscribe. You’ll enjoy unlimited access to Pulitzer-winning journalism, from clear-eyed analysis and insight on breaking news to fascinating explorations of our world. Subscribe today at TheAtlantic.com/podsub.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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