Poverty in Contemporary Economic Thought

Poverty in Contemporary Economic Thought explores how economic thought deals with poverty, including its causes, consequences, reduction, and abolition, tracing the ideas of key writers and schools of modern economic thought across different periods. It shows that the approach to poverty differs from economist to economist and that relative and social deprivation matters.

\n Format: Hardback
\n Length: 204 pages
\n Publication date: 03 May 2021
\n Publisher: Taylor & Francis Ltd
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Poverty in Contemporary Economic Thought is a comprehensive exploration of how economic thought addresses the issue of poverty, encompassing its causes, consequences, reduction, and abolition. Spanning a significant period from Friedrich Hayek and Keynes to modern economists like Amartya Sen and Angus Deaton, this edited volume delves into the ideas of key thinkers and schools of modern economic thought. The chapters establish a connection between poverty and income distribution, highlighting that poverty is not solely defined in absolute terms but also takes into account relative and social deprivation. Furthermore, the contributors address individual poverty and the poverty of nations within the framework of the international economy. By offering a thorough examination, this book demonstrates that the approach to poverty varies among economists, depending on their specific interests, the primary issues related to poverty in each epoch, and the prevailing intellectual climate at the time of their contributions.

This essential text is of great value to advanced students and researchers in the fields of economic thought, economic development, and the economics of poverty. It provides a deep understanding of the historical evolution of economic ideas and their implications for addressing poverty in contemporary society.

\n Weight: 468g\n
Dimension: 161 x 241 x 20 (mm)\n
ISBN-13: 9780367354268\n \n