Philip N. Jefferson is Centennial Professor of Economics at Swarthmore College, and a Faculty Affiliate of the Institute for Research on Poverty at the University of Wisconsin-Madison. He serves on the Board of Advisors of the Opportunity and Inclusive Growth Institute at the Federal Reserve Bank of Minneapolis.
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No one wants to live in poverty. Few people would want others to do so. Yet, we find ourselves in a situation where millions of people worldwide live in poverty. According to the World Bank in 2010, 1.2 billion people lived below the extreme poverty line ... SEE MORE