Poverty Economics

Clayton M. Christensen, the author of such business classics as The Innovator’s Dilemma and the New York Times best-seller How Will You Measure Your Life, and coauthors Efosa Ojomo and Karen Dillon reveal why so many investments in economic development fail to generate sustainable prosperity and offers a groundbreaking solution for true and lasting change.

There are, in the United States, a significant and growing number of families who live on less than $2.00 per person, per day. That figure, the World Bank measure of poverty, is hard to imagine in this country - most of us spend more than that before we get to work or school in the morning.

A national best-seller, Dead Aid unflinchingly confronts one of the greatest myths of our time: that billions of dollars in aid sent from wealthy countries to developing African nations has helped to reduce poverty and increase growth. In fact, poverty levels continue to escalate and growth rates have steadily declined - and millions continue to suffer. Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Dambisa Moyo offers a bold new road map for financing the development of the world's poorest countries.

In A World of Three Zeros, Yunus describes the new civilization emerging from the economic experiments his work has helped to inspire. He explains how global companies like McCain, Renault, Essilor, and Danone got involved with this new economic model through their own social action groups, describes the ingenious new financial tools now funding social businesses, and sketches the legal and regulatory changes needed to jumpstart the next wave of socially driven innovations.

On any given night, more than half a million Americans and Canadians find themselves sleeping on the streets, in shelters, cars, and other places not meant for human habitation. Yet as this crisis continues to grow, it remains one of the least talked about—especially in churches. Kevin Nye introduces listeners to the Christ he’s met in tents, shelters, and drop-in centers. He demystifies homelessness by journeying into complex issues like affordable housing, mental illness, addiction, and more, while reimagining our theological approach to these matters.

What can you get with 25 dollars and a dream? Adam Shepard graduated from college feeling disillusioned by the apathy around him and was then incensed after reading Barbara Ehrenreich's famous work Nickel and Dimed- a book that gave him a feeling of hopelessness about the working class in America. He set out to disprove Ehrenreich's theory-the notion that those who start at the bottom stay at the bottom-by making something out of nothing to achieve the American Dream.

Respected conservative journalist and commentator Timothy P. Carney continues the conversation begun with Hillbilly Elegy and the classic Bowling Alone in this hard-hitting analysis that identifies the true factor behind the decline of the American dream: It is not purely the result of economics as the left claims, but the collapse of the institutions that made us successful, including marriage, church, and civic life.

Since the dawn of the digital age, decision-making in finance, politics, health, and human services has undergone revolutionary change. Today, automated systems control which neighborhoods get policed, which families attain needed resources, and who is investigated for fraud. While we all live under this new regime of data, the most invasive and punitive systems are aimed at the poor. In Automating Inequality, Virginia Eubanks systematically investigates the impacts of data mining, policy algorithms, and predictive risk models on poor and working-class people in America.

This landmark treatise by the great economist Henry George was first published in 1879. George's work became the seminal analysis of the political economy which inspired most, if not all, the prominent thinkers of the Progressive Movement and many others of great influence: Upton Sinclair, John Dewey, George Bernard Shaw, Friedrich Hayek, H. G. Wells, Clarence Darrow, and Leo Tolstoy, to name but a few. His analyses and proposals are referred to as "Georgism".

In Homelessness Is a Housing Problem, Gregg Colburn and Clayton Page Aldern seek to explain the substantial regional variation in rates of homelessness in cities across the United States. In a departure from many analytical approaches, Colburn and Aldern shift their focus from the individual experiencing homelessness to the metropolitan area. Using accessible statistical analysis, they test a range of conventional beliefs about what drives the prevalence of homelessness in a given city and find that none explain the regional variation observed across the country.

The last acceptable form of prejudice in America is based on class and executed through state-sponsored economic discrimination. While the American meritocracy officially denounces prejudice based on race and gender, it has spawned a new form of bias against those with less education and income. Millions of working-class Americans have their opportunity blocked by exclusionary snob zoning. These government policies make housing unaffordable, frustrate the goals of the civil rights movement, and lock in inequality in our urban and suburban landscapes.

Inequality in America manifests in many ways, but perhaps nowhere more than in how we eat. From her years of field research, sociologist and ethnographer Priya Fielding-Singh brings us into the kitchens of dozens of families from varied educational, economic, and ethnoracial backgrounds to explore how - and why - we eat the way we do. We get to know four families intimately: the Bakers, a Black family living below the federal poverty line; the Williamses, a working-class white family just above it; the Ortegas, a middle-class Latinx family; and the Cains, an affluent white family.

For more than three decades, Jeffrey D. Sachs has been at the forefront of international economic problem solving. But Sachs turns his attention back home in The Price of Civilization, a book that is essential reading for every American. In a forceful, impassioned, and personal voice, he offers not only a searing and incisive diagnosis of our country’s economic ills but also an urgent call for Americans to restore the virtues of fairness, honesty, and foresight as the foundations of national prosperity.

Growing up poor, Deborah Dundas knew what it meant to want, to be hungry, and to long for social and economic dignity; she understood the crushing weight of having nothing much expected of you. But even after overcoming many of the usual barriers faced by lower- and working-class people, she still felt anxious about her place, and even in relatively safe spaces reluctant to broach the subject of class. While new social movements have generated open conversation about gender and racism, discussions of class rarely include the voices of those most deeply affected: the working class and poor.

Food is a conduit for connection; we envision smiling families gathered around a table-eating, happy, content. But what happens when poverty, mental illness, homelessness, and addiction claim a seat at that table? In The Meth Lunches, Kim Foster peers behind the polished visions of perfectly curated dinners and charming families to reveal the complex reality when poverty and food intersect.

As a care-leaver who has experienced homelessness, award-winning investigative journalist Daniel Lavelle has spent his life navigating social services that are not fit for purpose and leave many vulnerable people slipping through the cracks. For though the right to adequate housing is enshrined in the Universal Declaration of Human Rights, the reality is another, much grimmer, story.

In the span of a generation, oil-rich Venezuela spiraled into a dire state of economic collapse. Reporter Paula Ramón experienced the crisis firsthand as her middle-class family saw their quality of life deteriorate. Public services no longer functioned. Money lost its value. Her mother couldn’t afford to buy food, which was increasingly scarce. The once-prosperous country fell into ruin. Like many others, Ramón’s family struggled to survive each day in their beloved city, Maracaibo—until, one by one, they each made the unbearable choice to leave the home they love.

Jeffrey Sachs - celebrated economist, special advisor to the Secretary General of the United Nations, and author of the influential best seller The End of Poverty - disagrees. In his view, poverty is a problem that can be solved. With single-minded determination he has attempted to put into practice his theories about ending extreme poverty, to prove that the world's most destitute people can be lifted onto "the ladder of development."

After Jim O’Connell graduated from Harvard Medical School and was nearing the end of his residency at Massachusetts General, the hospital’s chief of medicine made a proposal: Would he defer a prestigious fellowship and spend a year helping to create an organization to bring health care to homeless citizens? That year turned into O’Connell’s life’s calling. Tracy Kidder spent five years following Dr. O’Connell and his colleagues as they work with thousands of homeless patients, some of whom we meet in this illuminating book.

The Blue Sweater is the inspiring story of a woman who left a career in international banking to spend her life on a quest to understand global poverty. It all started back home in Virginia, with the blue sweater, a gift that quickly became her prized possession - until the day she outgrew it and gave it away to Goodwill. Eleven years later in Africa, she spotted a young boy wearing that very sweater, with her name still on the tag inside.