The Economics of Poverty

Providing a fascinating insight into the factors that influence individual choices regarding eating habits, diet and other behavioral patterns relevant to obesity, this book offers a new perspective about the relationship of obesity to poverty and inequality.

This book provides new insights into combining economic theory and ethics, and how to formulate policies to combat the roots of poverty. Since a large part of the world’s working population is underpaid, and does not have enough income to feed themselves and their families, there is a need for an alternative approach to producer prices than the usual neo-classical approach with its emphasis on market and equilibrium prices.

Since the first edition of this book in 1987, it has been widely recognized as a comprehensive and definitive text on the economics of the welfare state its efficiency, its fairness, and its relevance to the whole population, not just to the poor.