BUSINESS

Our Invisible Rich

TO GO WITH AFP STORY by Rob Lever Professor of Economics and International Affairs at Princeton University, New York Times co
TO GO WITH AFP STORY by Rob Lever Professor of Economics and International Affairs at Princeton University, New York Times columnist, and 2008 Nobel Peace Prize winner in Economics, Paul Krugman, delivers remarks on February 11, 2009 at the Institute for America's Future 'Thinking Big, Thinking Forward' conference on America's economic future at the Capitol Hilton in Washington, DC. AFP Photo/Paul J. Richards (Photo credit should read PAUL J. RICHARDS/AFP/Getty Images)

Half a century ago, a classic essay in The New Yorker titled “Our Invisible Poor” took on the then-prevalent myth that America was an affluent society with only a few “pockets of poverty.” For many, the facts about poverty came as a revelation, and Dwight Macdonald’s article arguably did more than any other piece of advocacy to prepare the ground for Lyndon Johnson’s War on Poverty.

Read more on The New York Times

CONVERSATIONS