Someone had written this into the book for probably a lot of different reasons, but I took it this way: It was to help me with this blog post, and that is what I'm going to use it for. So...
What is the chapter about? It is about the poverty in countries, and what Wheelan thinks we should do about it. He gives examples such as Property Rights, Geography, and Human Capital.
The writing in my book was saying that there is a cycle of poverty in these countries, and explains why. Wealth creates opportunity to learn which creates human talent, but when there is a country with most of the population that is poor, (the writer of these notes called Poor Economics) the economy does not have a solution to mend countries in poverty.
No comments:
Post a Comment