Relative deprivation (RD), also known as relative poverty, an idea implicitly put forward by Adam Smith in The Wealth of Nations and formally conceptualized by Runciman (1966), refers to the discontent people feel when they compare their positions to others and realize that others in the group...

Institutions play an important role in explaining poverty. Along with institution, fundamental forces like geography and climate influence poverty too. Analysis shows that probability of being poor is high for countries at the equator but it declines with latitude. Empirical evidence in India...

From the 19th century to the 1940's, Quebec remained poorer and less economically developed than the rest of Canada in general and poorer than Ontario in particular. This placed Quebec at the bottom of North American rankings of living standards. One prominent hypothesis for the initiation of...