The modern norm is that economic growth causes measured income inequality to increase. But to have greater income equality and greater economic growth. It simply requires more free market policies and less government interventionism.
Mises Institute Research Fellow Vytautas Žukauskas first attended Mises U in 2009. Now finishing his PhD in economics, he explains why the experience at Mises U is worth the trip halfway around the world.
The workers were never enthusiastic about socialism. Socialism was brought to the masses by intellectuals of bourgeois background, dining and wining together in the luxurious London homes and country seats of late Victorian "society."