Wednesday, June 30, 2010
Poverty In Perspective
SEE HERE America's "poor" are the richest poor (at least in material goods) on the face of the earth. Walter Williams points out that material poverty is largely overcome, but a deeper and more troubling kind of poverty is on the rise. Poverty of spirit, values and vision, so that a ironically: "Poverty of the spirit is a direct result of the perverse incentives created by some of our efforts to address material poverty."
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