"The idea that even very poor people don't spend their entire income on food is entirely part of the distinction between surviving and living," said Banerjee.
"I think the answer is obviously yes...there's no credible argument on the other side," Banerjee stated when discussing global wealth redistribution to alleviate extreme poverty.
Banerjee emphasized that research must be only part of the process of combating poverty, stressing the importance of translating findings into policy.
To reduce inequality, Banerjee called for an end to tax havens that allow the uber-wealthy to avoid tax responsibilities.
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