Charles Karelis, author of The Persistence of Poverty, is happy to answer your questions. Please write them in the comments, and he’ll respond in a regular post.
To get things started, here are a few questions from me.
1. Your theory seems to imply that when people temporarily have many personal problems, they will start doing painful things with long-run benefits. Example: If you’re already (temporarily) miserable, why not go on a diet and start exercising, so when your problems end, you’...
Published on August 21, 2019 06:44