TED-Ed: Why is it so hard to escape poverty? | Ann-Helén Bay

The video discusses the welfare trap, a situation where individuals earn just enough to lose government benefits but not enough to cover living costs, creating a cycle of poverty. It explains poverty traps, their causes, and the challenges of welfare programs. The video explores economic models and incentives, and suggests solutions like universal basic income to mitigate welfare traps, emphasizing the need for policies that empower individuals and respect their autonomy.

What is the welfare trap and how does it affect individuals seeking employment?

Discuss the impact of means-tested benefit programs on individuals who find employment.

What are some proposed solutions to redesign benefits to avoid penalizing people for working?

How does a universal basic income aim to address the issues associated with welfare traps?

In what ways can governments empower individuals to break the cycle of poverty?