The Sting of Poverty

August 16, 2010 at 12:31 pm | Posted in Lifescape | 1 Comment
One step forward, two steps back
clipped from mindhacksblog.wordpress.com
a psychological theory of poverty
suggests that traditional economic models just don’t apply to the poor.
When we’re poor, Karelis argues, our economic worldview is shaped by deprivation, and we see the world around us not in terms of goods to be consumed but as problems to be alleviated
This is where the bee stings come in: A person with one bee sting is highly motivated to get it treated. But a person with multiple bee stings does not have much incentive to get one sting treated, because the others will still throb
The more of a painful or undesirable thing one has (i.e. the poorer one is) the less likely one is to do anything about any one problem. Poverty is less a matter of having few goods than having lots of problems

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  1. From the author. Thanks for blogging about my book. There are lots of interesting reviews on the web, and (gotta say it) the book itself is now in paperback.


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