No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, October 31, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Economy

Does poverty cause homelessness? – Econlib

by TheAdviserMagazine
5 months ago
in Economy
Reading Time: 2 mins read
A A
Does poverty cause homelessness? – Econlib
Share on FacebookShare on TwitterShare on LInkedIn


I like looking at the extremes.  If it were actually true that capitalism causes selfishness, then what are the odds that the world’s most free market country would also be the world’s most egalitarian country?  But it is.

If it were actually true that fertility rates are falling because it’s too costly to raise kids these days, then what are the odds that the biggest fall in fertility in the entire world would have occurred in the country with the fastest economic growth over the past 60 years?  But it did.

Today, I found another example:

As homelessness skyrockets across the country, Mississippi’s numbers are trending in the right direction.

According to USAFacts, 3.3 out of 10,000 people experienced sheltered homelessness in Mississippi last year. With 982 people experiencing homelessness in Mississippi in 2023, the state has the lowest rate of homelessness nationwide. This accounts for about 0.0015% of America’s homeless population. This is over five times lower than Mississippi’s share of the country’s overall population.

This link provides data for all fifty states:

Unfortunately, the color coding here is total homeless population, which is why Wyoming appears lower than Mississippi.  If you go to the link and click on each state, you’ll find the per capita figures, which are more meaningful.  New York and Hawaii have the highest rates, although elsewhere I read that California has the most homeless people actually living on the streets.  Many homeless New Yorkers are in shelters.  Mississippi is lowest in per capita terms.

So here’s my question:  If poverty actually did cause homelessness, then what are the odds that the lowest rate of homelessness would occur in America’s poorest state?  Even if there were no correlation, the odds would be only 1 in 50.  If there actually was a positive correlation between poverty rates in a state and homelessness, then it would be even more surprising to find Mississippi having the lowest homeless rate.

In my view, homelessness has multiple causes.  For homeless people in shelters, restrictions on building are a major cause.  For those on the street, drugs and mental illness also play a big role.  Poverty is far down the list.



Source link

Tags: EconlibHomelessnesspoverty
ShareTweetShare
Previous Post

Asian shares: Asian shares rise at open after US jobs surprise

Next Post

New Income Streams and the Entertainment Economy

Related Posts

edit post
Recipes with Rothbard: What Chocolate Cake Can Teach About Economics

Recipes with Rothbard: What Chocolate Cake Can Teach About Economics

by TheAdviserMagazine
October 31, 2025
0

There is a certain genius in simplicity and clarity. Conceptual and written clarity is one of the aspects of the...

edit post
Links 10/31/2025 | naked capitalism

Links 10/31/2025 | naked capitalism

by TheAdviserMagazine
October 31, 2025
0

How SOS Became the Universal Distress Signal Laughing Squid Dictionary.com’s word of the year is ‘6-7.’ But is it even...

edit post
Seoul And Washington Pen 0 Billion Deal

Seoul And Washington Pen $950 Billion Deal

by TheAdviserMagazine
October 31, 2025
0

Washington and Seoul brokered a historic $950 billion deal, bringing the two nations closer in both trade and military alliance....

edit post
Market Talk – October 30, 2025

Market Talk – October 30, 2025

by TheAdviserMagazine
October 30, 2025
0

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 17.96 points or 0.04% to...

edit post
Trump cuts fentanyl tariffs on China to 10% as Beijing delays rare earth curbs

Trump cuts fentanyl tariffs on China to 10% as Beijing delays rare earth curbs

by TheAdviserMagazine
October 30, 2025
0

BUSAN, SOUTH KOREA - OCTOBER 30: U.S. President Donald Trump (R) speaks with Chinese President Xi Jinping during a bilateral...

edit post
Sudan War: Gold, a Key Port, and Two Armies With No Legitimate Claim

Sudan War: Gold, a Key Port, and Two Armies With No Legitimate Claim

by TheAdviserMagazine
October 30, 2025
0

The Rapid Support Forces (RSF), one of Sudan’s warring parties, have taken over El Fasher, a city in Darfur, western...

Next Post
edit post
New Income Streams and the Entertainment Economy

New Income Streams and the Entertainment Economy

edit post
Smart Ways to Unwind When Building Multiple Income Streams

Smart Ways to Unwind When Building Multiple Income Streams

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
These 14 smallcap stocks soared up to 70% in 30 Days — Do you own any? – Smallcaps Steal Spotlight

These 14 smallcap stocks soared up to 70% in 30 Days — Do you own any? – Smallcaps Steal Spotlight

0
edit post
Recipes with Rothbard: What Chocolate Cake Can Teach About Economics

Recipes with Rothbard: What Chocolate Cake Can Teach About Economics

0
edit post
Whales withdraw 2,000 Bitcoin worth 0M from Binance in 2 hours

Whales withdraw 2,000 Bitcoin worth $220M from Binance in 2 hours

0
edit post
Stock news for investors: RBI earnings rise as Tim Hortons and international growth boost results

Stock news for investors: RBI earnings rise as Tim Hortons and international growth boost results

0
edit post
AI empowers criminals to launch ‘customized attacks at scale’—but could also help firms fortify their defenses, say tech industry leaders

AI empowers criminals to launch ‘customized attacks at scale’—but could also help firms fortify their defenses, say tech industry leaders

0
edit post
10 Tips on How to Travel More but Spend Less

10 Tips on How to Travel More but Spend Less

0
edit post
Recipes with Rothbard: What Chocolate Cake Can Teach About Economics

Recipes with Rothbard: What Chocolate Cake Can Teach About Economics

October 31, 2025
edit post
Whales withdraw 2,000 Bitcoin worth 0M from Binance in 2 hours

Whales withdraw 2,000 Bitcoin worth $220M from Binance in 2 hours

October 31, 2025
edit post
AI empowers criminals to launch ‘customized attacks at scale’—but could also help firms fortify their defenses, say tech industry leaders

AI empowers criminals to launch ‘customized attacks at scale’—but could also help firms fortify their defenses, say tech industry leaders

October 31, 2025
edit post
How Much Vacation Time Are American Workers Actually Taking?

How Much Vacation Time Are American Workers Actually Taking?

October 31, 2025
edit post
Strategy’s US.8 B Profit Proves the Bitcoin Narrative & Pushes Best Altcoins like $HYPER to Soar

Strategy’s US$2.8 B Profit Proves the Bitcoin Narrative & Pushes Best Altcoins like $HYPER to Soar

October 31, 2025
edit post
Cambridge’s PACT raises €17.2M to scale its collagen-based alternative to plastic textiles

Cambridge’s PACT raises €17.2M to scale its collagen-based alternative to plastic textiles

October 31, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Recipes with Rothbard: What Chocolate Cake Can Teach About Economics
  • Whales withdraw 2,000 Bitcoin worth $220M from Binance in 2 hours
  • AI empowers criminals to launch ‘customized attacks at scale’—but could also help firms fortify their defenses, say tech industry leaders
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.