Woroni: An economist’s approach to poverty

Traditionally, poverty has been defined by an individual’s level of income. For instance, poverty is measured on a scale, with the most extreme form of poverty being measured as those who live on $1.25 per day or less.

But a new methodology to define poverty in first world countries is needed, and Nobel Prize-winning economist Amartya Sen’s theory could be the answer.

In this piece originally published in ANU student newspaper Woroni, MUHAMMAD TAUFIQ BIN SURAIDI discovers there is more to poverty than meets the eye.

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