Tuesday, June 7, 2011

Why Can't More Poor People Escape Poverty? Psychologists Have A Radical New Explanation. | The New Republic

Why Can't More Poor People Escape Poverty? Psychologists Have A Radical New Explanation. | The New Republic

I agree. Picture two students studying for the same test, one's parents asks if she can spare money to pay for her mothers medicine the other has nothing to worry about other than the text. The additional worry is constant burden and saps ones energy. Self control might be one form of mental energy that comes in limited supply but all mental energy might be at least partially fungible. I don't know how much this alters the policy debate because it is just one more way in which the financially fortunate are fortunate and is one more reason for path dependency in social status, but it does not alter the landscape we all observe. It might though make "veil or ignorance" logic a bit more compelling when considering redistribution of wealth because even those who claim to have succeeded due to their own hard work might have to give more credit than before to their environment.

The question raised, is what makes those few who persevere though poverty able to do so when so many others do not?

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