Boyd: Economy and the poor

Boyd: Economy and the poor

A recent study in India showed how income can influence one’s decisions in life. The study compared the IQs of farmers when they had a rich harvest vs. a poor harvest, i.e, living below the poverty line. When times were good, their IQs were 14 points higher than when times were bad.

One of the reasons for this study was to determine why so many believe the poor remain so because they make stupid decisions and are unwilling to try and improve themselves.

One of the authors of this study labeled the discrepancy as “It’s the context stupid," i.e., people behave […]

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