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When Necessity Displaces Desire

   Undercounting the very poor

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Posted in Contemporary economics Tagged with: , , ,

A Note to Readers:  EconomicPrincipals.com has been experiencing cache difficulties with its server. The current edition of the weekly is A Few More Words About Janet Yellen, dated February 4. Other recent editions can be reached through the archive.   Sorry!  We  are working on it. When Anthony Atkinson was seventeen and finished with boarding school, in 1962, he quit his job at IBM in London to spend nine months working at a hospital for the poor in Hamburg, Germany, as a kind of British Peace Corps volunteer. Working for IBM had been interesting, he told his friend Nicholas Stern in an