Lesson 14 Lesson 14: Poverty
Presented by: Dr. Tawni Ferrarini
Wealth and Poverty
Have you ever wondered why poorer countries around the world have not attained the standards of living experienced in the United States or Europe? Global poverty has gained the attention of experts around the world today, but their countless remedies ignore basic economic principles and so have not solved the problem. In this lesson we will explore why a surprising alternative to solving global poverty is individual freedom.
Systems that respect individual rights do the best in the long run on economic development.
Wealth and Poverty, Part 2, with Tawni FerrariniPlay Now
The Zero-Sum Fallacy with Dr. Samuel Gregg and PovertyCurePlay Now
Hans Rosling's 200 Countries, 200 Years, 4 Minutes - The Joy of Stats - BBC FourPlay Now
Thomas Sowell, Basic Economics, pp. 527-566. (Textbook)Read Now
William Easterly, “The Indomitable Pursuit of the Inexplicable: The World Development Reports’ Failure to Comprehend Economic Growth Despite Determined Attempts: 1978-2008,” pp. 121-130.Read Now