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Poverty Interrupted
Report

Poverty Interrupted

Combating Intergenerational Poverty with Behavioral Economics

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Editorial Rating

7

Qualities

  • Innovative

Recommendation

Poverty affects not only an individual; it can also have lasting effects on families and communities for generations. “Poverty Interrupted” is an initiative by Ideas42. Here, the think tank explains its innovative approach to eliminate poverty in the US by encouraging small investments today. This report, which could have gone into more detail, highlights how Poverty Interrupted plans to use behavioral economics to remedy the long-term implications of poverty. getAbstract recommends the analysis to policy makers, economists, and to people working in governmental and nongovernmental organizations.

Take-Aways

  • Children growing up in poverty are more likely to become pregnant in their teenage years, quit college or engage in crime.
  • Poor parents have to focus on the most pressing needs and thus lack the resources to establish key relationships, secure social benefits and arrange child care.
  • “Poverty Interrupted”, a project by think tank Ideas42, uses behavioral economics to explain and to attempt to break the vicious cycle of poverty.

About the Author

Ideas42 is a think tank that uses behavioral science, especially economics, to design solutions to problems such as poverty, under-education, HIV and family planning. Ideas42 grew out of research programs in psychology and economics, and works with nonprofit organizations, government bodies and businesses.