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OpenStudy (anonymous):

According to some economists, what is the answer to poverty? Explain their reasoning. http://www.ingrimayne.com.education2020.us/econ/AllocatingRationing/PastViews.html?date=My8zMS8yMDE0IDEwOjUzOjU4IFBN&u=NzkwZDBlOTAtOGM5OS1lMzExLWEyZDktNzgyYmNiMDliNTIy&tbopt=MTExMDAwMDAwMDAw&preflang=RW5nbGlzaA%3d%3d&hash=WU0R%2bwUys3TaUuZmipKi8g%3d%3d

OpenStudy (anonymous):

@Squirrels

OpenStudy (squirrels):

Sorry, my browser is not letting me open it :P

OpenStudy (anonymous):

useless -,-

OpenStudy (squirrels):

( ͡°; ͜ʖ ͡°;)

OpenStudy (anonymous):

<3

OpenStudy (anonymous):

This is what it says:

OpenStudy (anonymous):

Past Views on Income Distribution Interest in the extent to which a price system discriminates for and against people extends back to the early economists and continues today. John Stuart Mill reflects the views of the classical economists (who were the dominant school of economic thought for a century after 1776). In his Principles of Political Economy, first published in 1848, he explains: "Writers on Political Economy profess to teach, or to investigate, the nature of Wealth, and the laws of its production and distribution." 1 Mill decided that the production and distribution of wealth were distinct subjects, and "[t]he distribution of wealth, therefore, depends on the laws and customs of society." 2 Two things are worth noting at this point. First, Mill is using the word "laws" in two distinct ways in these quotations. In the first use, he means a regularity; in the second, he is talking about legal requirements. Second, most economists have decided Mill was wrong when he said that production and distribution can be separated. Instead, they are two sides of a single coin. Mill spent two chapters discussing how to remedy low wages. His final solution was in the tradition of Malthus and Ricardo: the problem would go away if the poor had fewer children. The question of poverty was at least as interesting to Alfred Marshall. At the very beginning of his Principles of Economics, he states that the question of whether poverty may be extinguished "gives to economic studies their chief and their highest interest."3 Marshall and those who came before him had a different emphasis from that which has dominated the second half of the twentieth century. They had faith that economic growth was the road to elimination of poverty. Today, there is more faith that redistribution, that is, taking from the rich and giving to the poor through taxation and transfers, may be a solution, though a swing back to an emphasis on growth seems to have started during the past fifteen or twenty years. In the twentieth century economists began to measure the distribution of income.

OpenStudy (anonymous):

@Squirrels

OpenStudy (squirrels):

omg thats a lot of reading

OpenStudy (anonymous):

-_-

OpenStudy (squirrels):

(;

OpenStudy (anonymous):

-.-

OpenStudy (anonymous):

im not speaking to u

OpenStudy (squirrels):

</3

OpenStudy (anonymous):

</3

OpenStudy (squirrels):

</3

OpenStudy (anonymous):

-.-

OpenStudy (squirrels):

<3

OpenStudy (anonymous):

no

OpenStudy (squirrels):

( ͡°; ͜ʖ ͡°;)

OpenStudy (anonymous):

i don't care

OpenStudy (squirrels):

( ͡°;;;;;;;;;;;;;;;;;; ͜ʖ ͡°;;;;;;;;;;;;;;;;;;;;;)

OpenStudy (anonymous):

you have a retarded face

OpenStudy (squirrels):

( ͡°;; ͜ʖ ͡°;;)

OpenStudy (anonymous):

still

OpenStudy (squirrels):

( ͡° ͜ʖ ͡°)

OpenStudy (anonymous):

even worse

OpenStudy (squirrels):

͡° ͜ʖ ͡°

OpenStudy (anonymous):

STOP JUST STOP I CANT TAKE THE UGLINESS

OpenStudy (squirrels):

:'c

OpenStudy (anonymous):

WHY WONT U HELP MEEEEEEEEEEEEEE

OpenStudy (squirrels):

cause i hate reading >_>

OpenStudy (anonymous):

Grrrr.

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