“Wealthy friends may be a ticket out of poverty,” is how the New York Times framed it. The findings of the latest study by Harvard’s Raj Chetty, ... as the 19th century Horatio Alger novels.

The Wealth and Poverty of African States: Economic Growth, Living Standards, and Taxation Since the Late Nineteenth Century Reviewed by Nicolas van de Walle March/April 2022 Published on February 22, ...