The Nobel laureate proposed a «proven and effective» way of fighting poverty

Unexpected support for its principled position received the Russian Communists calling for the introduction of a progressive scale of taxation. Already that year, they assert that I should «pinch the rich Pinocchio» to charge astronomical interest rates and countless income to the poor. But who and now there. Tap the Communists explain that nothing good will come of it, on the contrary, will become even worse.

But here’s the latest news. Exactly such an approach, said not just anyone, American scientist, Nobel prize in Economics in 2019 Abhijit Banerjee.


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