Monday, September 08, 2008

The Shame Index

In a paper presented at the "Missing Dimensions of Poverty Data conference last year, Diego Reyles of the University of Oxford makes a compelling case for a new poverty indicator - shame and humiliation. Although economists from Adam Smith to Amartya Sen have written about the role of shame and stigma as a social dimension of poverty, there are no current standard indicators being used to measure these feelings of shame and humilation on an aggregate level.

Reyles proposes a matrix of eight questions, ranging from respondent's perception of poverty and poor people, to experience with ethnic and socioeconomic discrimination, to general perceptions of social barriers to economic advancement.

2 Comments:

Stupid Git said...

"Poverty consists, not in the decrease of one's possessions, but in the increase of one's greed." - Plato

This is why people I've met in my travels to impoverished third world countries are more content and happy with their lives than most people I know here in the U.S. It is also why our nation's financial institutions are crumbling - because we are a nation that is bankrupted by greed.

Stupid Git said...

I thought of this post earlier today when I read these headlines:

"Ohio woman, 90, attempts suicide after foreclosure"
http://www.reuters.com/article/domesticNews/idUSTRE4928IS20081003

and

"Facing foreclosure, Taunton woman commits suicide"
http://www.boston.com/news/local/breaking_news/2008/07/facing_foreclos.html

and

"Foreclosure May Have Led To Homicide-Suicide"
http://www.theindychannel.com/news/14357407/detail.html

and there are so many more...