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Behavioral Development Economics

Dr. Björn Vollan

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Author: Khoa Binh Tran

Aspiration Failure and Poverty

29. June 201629. June 2016 ~ Khoa Binh Tran ~ 1 Comment

Carr Stuart et al. (2003) pointed out that: "As the poor lose their values, they no longer believe in themselves or in the world. They go through a process of even more accented divestment of power and citizenship, which could be characterized as Nihilism". The lack of hope and aspirations are a typical characteristic of … Continue reading Aspiration Failure and Poverty

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