{"id":7394,"date":"2013-04-02T21:41:48","date_gmt":"2013-04-03T01:41:48","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=7394"},"modified":"2013-04-02T21:41:48","modified_gmt":"2013-04-03T01:41:48","slug":"everything-you-think-you-know-about-poverty-is-wrong-deseret-news","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/02\/everything-you-think-you-know-about-poverty-is-wrong-deseret-news\/","title":{"rendered":"Everything you think you know about poverty is wrong | Deseret News"},"content":{"rendered":"<p>Mercedes Whie reports on a lecture by developmental economist Lant Pritchett:<\/p>\n<blockquote>\n<p>One common belief among people working in international development is that a poor country can be changed by improving its education system, but Pritchett\u2019s research suggests otherwise. The problem in poor countries is that they cannot make effective use of their people\u2019s skills, Pritchett said, so giving them more skills does lead to development. Counter-intuitively, his research has shown that countries whose education system improves actually grow slower on average. He suggests that one reason for this may be that putting more educated people into a corrupt bureaucracy may result in more sophisticated corruption.<\/p>\n<\/blockquote>\n<p>Read more at <a href='http:\/\/www.deseretnews.com\/article\/865576171\/Everything-you-think-you-know-about-poverty-is-wrong.html'>Everything you think you know about poverty is wrong | Deseret News<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mercedes Whie reports on a lecture by developmental economist Lant Pritchett: One common belief among people working in international development is that a poor country can be changed by improving its education system, but Pritchett\u2019s research suggests otherwise. The problem in poor countries is that they cannot make effective use of their people\u2019s skills, Pritchett &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/04\/02\/everything-you-think-you-know-about-poverty-is-wrong-deseret-news\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Everything you think you know about poverty is wrong | Deseret News&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[1021,1191,2728],"class_list":["post-7394","post","type-post","status-publish","format-standard","hentry","category-economy","tag-development","tag-education","tag-poverty"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Everything you think you know about poverty is wrong | Deseret News - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Everything you think you know about poverty is wrong | Deseret News - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Mercedes Whie reports on a lecture by developmental economist Lant Pritchett: One common belief among people working in international development is that a poor country can be changed by improving its education system, but Pritchett\u2019s research suggests otherwise. 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Tupy argues that free enterprise is the best cure for poverty: According to the World Bank, global poverty is declining rapidly. In 1981, 70 percent of people in poor countries lived on less than $2 a day, while 42 percent survived on less than $1 a day. Today,\u2026","rel":"","context":"In &quot;The Big Picture&quot;","block_context":{"text":"The Big Picture","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/the-big-picture\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12637,"url":"https:\/\/thepatientinvestor.com\/index.php\/2015\/12\/01\/its-not-poverty-in-the-middle-east-thats-driving-terrorism-its-the-politics-quartz\/","url_meta":{"origin":7394,"position":1},"title":"It\u2019s not poverty in the Middle East that\u2019s driving terrorism\u2014it\u2019s the politics | Quartz","author":"ColinTwiggs","date":"December 1, 2015","format":false,"excerpt":"From Tim Fernholz: ....empirical studies suggest that poverty and inequality aren\u2019t behind terror attacks. In the wake of the 9\/11 attacks, Alan Krueger, the Princeton economist and future Obama administration official, examined databases of terror attacks to identify trends among the participants. Surprisingly, he found most were well-educated and not\u2026","rel":"","context":"In &quot;Stock Markets&quot;","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8066,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/07\/09\/thomas-sowell\/","url_meta":{"origin":7394,"position":2},"title":"Thomas Sowell","author":"ColinTwiggs","date":"July 9, 2013","format":"quote","excerpt":"...The left's agenda is a disservice to [the poor], as well as to society. ...The agenda of the left \u2014 promoting envy and a sense of grievance, while making loud demands for \"rights\" to what other people have produced \u2014 is a pattern that has been widespread in countries around\u2026","rel":"","context":"In &quot;Quotes&quot;","block_context":{"text":"Quotes","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/quotes\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8007,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/07\/04\/whats-wrong-with-inequality\/","url_meta":{"origin":7394,"position":3},"title":"What&#8217;s wrong with inequality?","author":"ColinTwiggs","date":"July 4, 2013","format":false,"excerpt":"Robert Douglas summarizes the argument against inequality presented by Andrew Leigh, economist and (Labour) parliamentarian, in his book Battlers and Billionaires: Leigh sees inequality as a socially corrosive force undermining the egalitarian spirit that has been one of the positive defining characteristics of Australian society. He argues that unequal wealth\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6202,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/16\/us-poverty-rates\/","url_meta":{"origin":7394,"position":4},"title":"US: Poverty rates","author":"Colin Twiggs","date":"November 16, 2012","format":false,"excerpt":"From the US Department of Health & Human Services: I suspect that most US voters are concerned about poverty (don't believe everything you are told during an election) but where they differ is on how to address the issue. The view from the left is to raise taxes on the\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10993,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/09\/26\/how-laissez-faire-made-sweden-rich-libertarianism-org\/","url_meta":{"origin":7394,"position":5},"title":"How Laissez-Faire Made Sweden Rich | Libertarianism.org","author":"ColinTwiggs","date":"September 26, 2014","format":false,"excerpt":"From Johan Norberg: ...But in one century, everything was changed. Sweden had the fastest economic and social development that its people had ever experienced, and one of the fastest the world had ever seen. Between 1850 and 1950 the average Swedish income multiplied eightfold, while population doubled. 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