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Read/Watch the following required links:
Finally Kicking the GDP Habit (opens new window) (plain text link: https://mises.org/wire/finally-kicking-gdp-habit)
The Importance of Institutions (opens new window) (plain text link: https://www.youtube.com/watch?v=wdKBfXRpNsk)
Eusebio’s Dream – Full Video (opens new window) (plain text link: https://www.youtube.com/watch?v=h8zK2jJqC7Q)
Charity that hurts | Rwandan eggs | Poverty Inc (opens new window) (plain text link: https://www.youtube.com/watch?v=kDaYEu9tsMI)
Answer the following prompt:
Do higher incomes and more output always equal a higher quality of life for the people experiencing such growth? Explain.
Why do some countries seem to experience continuing widespread poverty, while others have grown or are growing out of poverty?