A raw and personal look at the psychology of poverty, backed by research and lived experience.
Growing up in Pittsburgh's public housing projects taught me hard lessons about the cycle of poverty that science is only now beginning to understand.
This video explores:
- The difference between American poverty and global poverty
- How poverty physically changes your brain and decision-making
- Why giving money alone doesn't solve generational poverty
- The scarcity mindset and its impact on financial choices
Related videos:
3 Worst Things Men Do To Ruin Their Lives: https://www.youtube.com/watch?v=SMeI0GDNkVg&list=PLFQRSphHdmJmATyuKVm2XiVhXuBs4NfwS&index=8
How I Got Sober: https://www.youtube.com/watch?v=OUcPshekV1g&list=PLFQRSphHdmJmATyuKVm2XiVhXuBs4NfwS&index=7
Key Research Referenced:
Stanford Study (2016) on household income correlation to age 30 earnings: https://inequality.stanford.edu/sites/default/files/Pathways-SOTU-2016-Economic-Mobility-3.pdf
Princeton Study (2013) on poverty's impact on IQ and cognitive function: https://www.princeton.edu/news/2013/08/29/poor-concentration-poverty-reduces-brainpower-needed-navigating-other-areas-life#
University of Chicago Study by Anuj Shah on scarcity mindset and decision-making: https://www.chicagobooth.edu/review/how-poverty-changes-your-mind-set
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