“Starvation exists in today’s world, but only as a result of the way the food gets shared among us. There is no absolute scarcity. It is true that if I eat a lot more than I need or, more plausibly, turn more of the corn into biofuels so that I can heat my pool, then there will be less for everybody else.” Excerpt From: Banerjee, Abhijit. “Poor Economics.” Amazing book. Highly recommended, tracking the spending habits of extremely poor and the role of subsidies and aid in getting them out of the poverty trap. Hope all Policy makers in Pakistan get to read it once. Awab Alvi Afia Salam Rehan Allahwala
Posted on: Wed, 26 Jun 2013 19:09:44 +0000
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