Economic Insights on How Poverty Traps Operate

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1. 11 July 2026 · corrected by Emir Baycan

   2 corrections applied: Correct author of 1956 low-level-equilibrium-trap model: Richard R. Nelson, not Robert Nelson | Schultz (2004) PROGRESA study was published in the Journal of Development Economics, not the World Bank Economic Review

   Before

   Robert Nelson's 1956 low-level equilibrium trap formalized...; T. Paul Schultz's 2004 evaluation in the World Bank Economic Review analyzed the program's randomized rollout

   After

   Richard R. Nelson's 1956 low-level equilibrium trap formalized...; T. Paul Schultz's 2004 evaluation in the Journal of Development Economics analyzed the program's randomized rollout

   Why: Body content and bibliography already correctly fixed (Richard R. Nelson, Journal of Development Economics). But the FAQ (decoded via 4-step op-sequence base64,json,base64,json) still had BOTH stale fabrications: 'Robert Nelson's 1956' and 'World Bank Economic Review'. Fixed both in the FAQ, re-encoded via the same op-sequence in reverse, PUT, and verified clean on re-fetch.

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