Two college students attempt to find out. As a result, Living On One, the film and the organization, are born. Just a short intro clip below, but I encourage you to check out more. Economists have been making important strides in addressing poverty (from Muhammad Yunus and microfinance to Esther Duflo and Ahbijit Banerjee), but solutions remain far from optimal.
At times, one wonders why we waste time debating whether the 0.1% of Americans should be paying 20% or 30% in taxes.