The Bandwidth Tax
August 30, 2013 12:57 PM Subscribe
posted by AceRock (50 comments total)
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Most people, including social scientists, think about poverty in one of two ways. Either they view the behaviors of the poor as rational, "calculated adaptations to prevailing circumstances", or as the result of deviant values and character flaws stemming from, and perpetuating, a "culture of poverty".
A third view is emerging in which "the poor may exhibit the same basic weaknesses and biases as do people from other walks of life, except that in poverty, with its narrow margins for error, the same behaviors often manifest themselves in more pronounced ways and can lead to worse outcomes."
"It's not that foolish choices make you poor; it's that poverty's effects on the mind
lead to bad choices." (original research, pdf