Living on Two Dollars A Day
Portfolios of the Poor: How the World’s Poor Live on $2 a Day
by Daryl Collins, Jonathan Morduch, Stuart Rutherford, and Orlanda Ruthven
-Reviewed by Adam Fleisher
Crudely speaking, people tend to fall into one of two camps when it comes to explaining extreme global poverty: those that blame the existence of capitalism, and those that blame the absence of it. It’s a heated debate in part because, unlike many academic questions, the stakes are very high: as we’re often reminded, two billion people around the world live on less than $2 …
