Economics and World Poverty

Discussion in 'Economics' started by ShoeshineBoy, Nov 16, 2007.

  1. We've seen the radical economic transformation occurring in Asian countries such as China and India where millions have been almost overnight lifted from poverty to middle class. Many other countries, smaller but impressive nonetheless, can tell similar stories.

    And that leads to my question: could the art, or science depending on your viewpoint, of Economics ever completely eliminate world poverty?