Description
This book explores the intersection of Maslow’s hierarchy of needs theory and contemporary poverty measurement methodologies. Deutsch and Silber argue that traditional economic indicators fail to capture the multidimensional nature of human welfare and living standards.
The authors demonstrate how the hierarchy of needs—physiological, safety, social, esteem, and self-actualization—can serve as a conceptual framework for developing more comprehensive poverty indices. They review existing measurement approaches and propose novel methods that account for the hierarchical prioritization of human needs.
Through theoretical analysis and empirical applications, the book shows how this framework can better reflect the complexity of poverty and living conditions across different populations. This work is essential for economists, development professionals, and policymakers seeking more nuanced understanding of human welfare and effective poverty alleviation strategies.
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