Did you know that nearly half of the world’s population survives on less than $6.85 a day? That mind-boggling statistic ...
We used to be trapped. And by “we,” I really do mean all of us. A few hundred years ago, the majority of the world lived in extreme poverty, and even in recent decades, people lucky enough to clear ...
Debt is not just a math problem for low income households, it is a form of financial gravity that pulls people deeper every time they try to climb out. I see the same ten forces repeating across ...
Previous research suggests that economy-wide poverty traps are rarely observed in the data. In this paper, we explore a related hypothesis: low-income countries rarely improve their position relative ...
You're trying to save money by cutting corners around the house, maybe bringing in a little extra income on the side. It feels like smart budgeting. Here's the thing, though: some of those seemingly ...
Matt Bruenig, a writer at the think tank Demos, has a very interesting theory about poverty. He points out that poverty declines as people age. Much of it is simply due to the life cycle of earnings - ...
Susan St John is affiliated with the Child Poverty Action Group. With a National-led coalition government taking shape (how long it takes is another matter), the nation’s “squeezed middle” awaits the ...