THE VIDEO SHELF · poverty and social capital
What prevents the poor from reaching the middle class? | VISION TALKS
Megan McArdle's AEI Vision Talk 'Capital and Poverty' argues that social and financial capital work differently in low-income communities, and that this explains barriers to reaching the middle class.
Why HN readers recommended it
Cited to explain why poor people's seemingly irrational financial decisions can rationally protect their social safety net.
This is a summary from the source dataset, not an endorsement by Hacker News or the video creator.
Video & recommendation details
- Creator / channel
- American Enterprise Institute
- Topic
- poverty and social capital
- Format
- talk
- Level
- general
- HN recommenders in dataset
- 2
- HN mentions in dataset
- 4
- Recommendation years in dataset
- 2014–2024
These counts and years describe the included Hacker News records; they are not YouTube views or the video’s publication date.
From the original HN conversations
Excerpts from the recorded comments. Follow each source for the full comment and surrounding discussion.
A different theory is that some people value social capital above other forms of capital and that can be a rational thing to do: [VIDEO]
humanrebar on Hacker News · 2014-12
In We Are Built to Be Kind [video]> This reflects a false belief that people who live in poor neighborhoods are less compassionate. In fact research suggests that people living in poverty tend to be more compassionate towards each other than rich people are toward the impoverished. It's comforting for wealthier people …
e63f67dd-065b on Hacker News · 2024-02
In The business of check cashing
Summaries, classifications and recommendation records are from the HackerTube source dataset. Read about this library and its limitations.