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Published: 01/27/11

Opinion: Coping With Killer Facts

By  not in system - AOL News
Opinion: Coping With Killer Facts

As the World Economic Forum gathers at Davos, Switzerland, this week to discuss "Shared Norms for the New Reality," I find myself wondering how we keep coping with the shared norms of a very old reality. I don't want to depress you or anything, but here we go ... 80 percent of humanity lives on less than $10 a day, 50 percent on less than $2.50 a day. (A Japanese cow gets $7 of subsidies a day.) One billion people -- or one in six -- live in slums, and 1 billion children -- one in two -- live in poverty. Up to 30,000 children die each day due to poverty. 2.6 billion people lack basic ...

Published: 07/4/10

Poverty Rx: Cash Payments Are Best Way to Help Poor, Study Finds

By  Delia Lloyd - Politics Daily
Poverty Rx: Cash Payments Are Best Way to Help Poor, Study Finds

How do we end world poverty? Boy, that's a head-scratcher. It's right up there with "Does God exist?" and "What's the meaning of life?" And here's a radical answer: Give the poor some money. And don't tell them what to do with it. Sounds crazy, right? Not according to three scholars in the United Kingdom. In a new study titled "Just Give Money to the Poor," Joseph Hanlon, Armando Barrientos and David Hulme argue that giving small amounts of cash on a regular basis to poor people may actually be the most effective way to lift developing countries out of poverty. The scholars ground their ...

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