Quotulatiousness

March 16, 2012

One symptom, but lots of different causes

Filed under: Britain, Economics, History, India — Tags: , , , , — Nicholas @ 08:41

Tim Worstall responds to a simplistic definition of poverty:

What we then want to know is why do some individuals have a shortage of money? At which point we enter a forest of different explanations.

By far the largest cause of poverty is that people live in societies ruled by people variously ignorant, stupid or evil. N Korean poverty I would ascribe to that last. The early Soviets, I am sure along with Socialists of the time, really did think that planning would be more efficient, create more wealth. The evil came later, it was ignorance at first.

[. . .]

And, yes, really, there is also that culture of poverty that Ms. Ehrenreich wants to insist does not exist. Choices over drugs, booze, delayed gratification, marriage, children, education, all have their effects on poverty or not poverty.

Sure, poverty is indeed the lack of money. But there are different reasons for different people at different times about why they lack money. Given these different reasons therefore different solutions have to be applied. Our Down’s Syndrome lad does simply need a transfer of resources, of wealth, from others in the society to him.

But that is not to say that the cure for all poverty is such a transfer: poverty in India is going to be better alleviated by the continuing destruction of Nehru’s extentions of the Licence Raj, poverty among some others in the UK is going to be best addressed by a change in the behaviour of those individuals.

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