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Table of Contents
What poverty is
Behavioral factors in poverty
Some theories
A closer look at the inefficiency argument
Appendix. Using indifference curves to identify utility-maximizing allocations
A new way to rationalize the conduct that prolongs and worsens poverty
Appendix. Further exploration through graphical analysis
Responses to challenges and questions
Appendix. The case of Alfred Marshall
Policy: what should we do differently if we believe that marginal utility is increasing amid scarcity?
Economic justice reconsidered.
Behavioral factors in poverty
Some theories
A closer look at the inefficiency argument
Appendix. Using indifference curves to identify utility-maximizing allocations
A new way to rationalize the conduct that prolongs and worsens poverty
Appendix. Further exploration through graphical analysis
Responses to challenges and questions
Appendix. The case of Alfred Marshall
Policy: what should we do differently if we believe that marginal utility is increasing amid scarcity?
Economic justice reconsidered.