Socioeconomic status is a better indicator of poverty

The problem with most economists is they treat the economicsas a hard science and it is not.  The economy does not live in a bubbleand is influenced by society’s class structure.Those with more resources have more “Human Capital”.  Socioeconomic status of a person’s parents isa much better indicator if someone will be poor.  That being said exceptional circumstances canlead many into poverty.
Immediately related elementsHow this works
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Poverty and Welfare Politics and Policy in U.S. »Poverty and Welfare Politics and Policy in U.S.
Defining Poverty »Defining Poverty
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Is Human Capital Theory correct explanation? »Is Human Capital Theory correct explanation?
Socioeconomic status is a better indicator of poverty
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