One of ther greatest economists of all-time, Angus Deaton, recently apopeared on my radio show, Goldstein on Gelt, which airs on Israel National Radio.
Deaton is one of the greatest economists fo all-time because of his research on elminating povery.
In this interview, Prof. Deaton describes his research about poverty, helping the poor, and the reason that the current systems are destined to fail.
He also answers the question: Is it smart to help the poor by just giving them cash?
His book, The Great Escape: Health, Wealth, and the Origins of Inequality, is a gem.
While this interview won't help advisors with solving the problems of the wealthy, it's good to know how we can work to solve the problems of poverty.