Eli Paley, Chairman of the Haredi Institute for Public Affairs, spoke at the second session of the Aaron Conference for Economic Policy on the subject of: “Is the government dealing with the challenges of growth and poverty reduction?”
Paley spoke about the perception of poverty among Haredim (their satisfaction with their economic situation is generally high – see study On Culture and Poverty in Haredi Society). He also emphasized the importance of differentiating between professional training vs. academic training. Haredi society contains valuable human capital which can be utilized in an optimal manner with the right training. Utilizing the human capital in the most effective way will consequently decrease the poverty rate.