Poverty

Displaying 1 - 10 of 105

The Economics of the Extended Family: From Risk Management to Human Capital

Labor and WagesPoverty

Blog06/03/2021

Extended families have long functioned to provide alternatives to the state in terms of risk sharing and mutual aid. Other economic benefits include the refinement of human capital and economies of scale.

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How Markets Have Delivered More Economic Equality

Poverty

Blog04/28/2021

People must still compete for resources in a socialist economy. In fact, the competition is intense. On the other hand, thanks to markets, basic necessities—and even basic luxuries—are now more more accessible than ever. 

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Progressivism's Failures: From Minimum Wages to the Welfare State

Poverty

Blog04/02/2021

The empirical evidence shows that neither minimum wages or welfare reduce poverty. In fact, minimum wages tend to increase the cost of living while poverty rates have gone nowhere since the Great Society was introduced.

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Biden’s Rescue Plan Won't Reduce Poverty

Poverty

Blog03/19/2021

“Poverty in society is overcome by productivity, and in no other way. There is no political alchemy which can transmute diminished production into increased consumption.”

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Understanding Inequality Requires Much More Than Calling Everything Racist

Media and CulturePhilosophyPoverty

Blog01/16/2021

To offer a semblance of solidarity with the working class, wealthy leftists have substituted identity politics for class conflict, and attempted to recast economic problems as problems of racism or bigotry.  

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New Lockdowns and More Regulations Are Disastrous for US Jobs

Bureaucracy and RegulationLabor and WagesPoverty

Blog12/10/2020

Lockdowns have already pummeled the US labor market, and efforts to increase regulations in the name of "protecting workers" will only make things worse. 

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No Privacy, No Property: The World in 2030 According to the WEF

The EnvironmentPoverty

Blog12/08/2020

The World Economic Forum and its related institutions in combination with a handful of governments and a few high-tech companies want to lead the world into a new era without property or privacy.

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Giving Thanks to Society’s Economic Benefactors

CapitalismPoverty

Blog11/25/2020

As Thanksgiving approaches, we should be thankful to society’s economic benefactors rather than condemning them because of the wrongheaded ideology of egalitarianism.

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What "Experts" Miss about Economic Inequality

Price ControlsMonetary PolicyPoverty

Blog10/08/2020

Many of the "solutions" peddled by today's experts are more likely to increase wealth inequality than decrease it.

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The Myth of Wakanda: How Hollywood Distorts the Legacy of Colonialism

Media and CulturePovertyWorld History

Blog10/07/2020

The film Black Panther offered an attractive view of an African nation untouched by slavery or colonialism. Unfortunately, the film offers a rather dubious counterfactual.

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