How important should the subject of poverty be within the discipline of economics? Some economists appear to think it is a very small issue compared to the magnificent mathematics of general equilibrium theory. Others believe that economics should fundamentally be about the sources of human well-being and misery, and that understanding poverty is absolutely fundamental for economics. How should we try to sort this out?Understanding Society — Innovative thinking about social agency and structure in a global world
Poverty and economics
Daniel Little | Chancellor, University of Michigan at Dearborn
