Lesson 14 Lesson 14: Poverty
Presented by: Dr. Tawni Ferrarini
Northwood University
Wealth and Poverty
Have you ever wondered why poorer countries around the world have not attained the standards of living experienced in the United States or Europe? Global poverty has gained the attention of experts around the world today, but their countless remedies ignore basic economic principles and so have not solved the problem. In this lesson we will explore why a surprising alternative to solving global poverty is individual freedom.
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William Easterly, “The Indomitable Pursuit of the Inexplicable: The World Development Reports’ Failure to Comprehend Economic Growth Despite Determined Attempts: 1978-2008,” pp. 121-130.
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