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Material Deprivation, The ‘Poverty Rate’ And Household Expenditure In Modern America

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  • Nicholas Eberstadt

Abstract

The official US ‘poverty rate’ appears to be a problematic descriptor of poverty trends and levels. Reported results from the ‘poverty rate’ do not track well with other indicators that would ordinarily be expected to bear directly on living conditions. Over the past 30 years, the relationship between the official poverty rate and these other indicators has been perversely discordant. This article outlines the basis of the poverty rate and the problems it now encounters as a reliable measure of material deprivation.

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  • Nicholas Eberstadt, 2007. "Material Deprivation, The ‘Poverty Rate’ And Household Expenditure In Modern America," Economic Affairs, Wiley Blackwell, vol. 27(3), pages 15-23, September.
    • Handle: RePEc:bla:ecaffa:v:27:y:2007:i:3:p:15-23
    DOI: 10.1111/j.1468-0270.2007.00750.x
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    1. Andre Gunder Frank, 1978. "Dependent Accumulation and Underdevelopment," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-16014-3, December.
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