Poverty

Displaying 1 - 10 of 121

The Turkish Way

InflationPovertyWorld History

Blog10/11/2022

Turkey's economy is reeling under inflation rates likely reaching 170 percent. Not surprisingly, the worst of it is felt by regular people just trying to make a living.

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The West Didn't Become Rich Because of Slavery But in Spite of It

Labor and WagesPovertyU.S. History

Blog10/08/2022

The modern progressive narratives claim that the wealth of the West and especially of the USA was built upon the backs of slaves. In fact, slavery retarded economic growth.

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Entrepreneurship Should Be the Goal, Not White-Collar Jobs

The EntrepreneurPovertySocialismEntrepreneurship

Blog07/05/2022

Many of the best-known civil rights leaders eschewed entrepreneurship, emphasizing that blacks seek employment in the professions and government jobs.

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A Triple-Barreled Gun Is Destroying African Economies: Inflation, Government Debt, and Taxes

Bureaucracy and RegulationInflationPovertySocialismTaxes and Spending

Blog06/17/2022

African economies aren't being strangled by capitalism but by statism, which has imposed inflation, debt, and high taxes.

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Christianity and the Development of Human Capital: Challenging the Narratives

The EntrepreneurPoverty

Blog05/20/2022

While the standard secular narrative is that Christianity held back science and human development, history tells a different story, one of literacy and the development of human capital.

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The Unborns' Dying Wish: The Abortion of the Fed

InflationPoverty

Blog05/17/2022

Janet Yellen, who once was the nation's chief inflationist, now says that poor women need easy access to abortion because inflation might work a hardship on them.

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History and Institutions Matter: The Postslavery Development of Jamaica and Barbados

Economic FreedomPoverty

Blog05/14/2022

Why did Barbados postslavery develop a more robust economy than Jamaica even though the people had similar ethnic backgrounds?

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How Free Markets Have Improved Life for India's Dalits

Economic PolicyFree MarketsPoverty

Blog03/07/2022

Critics of free markets claim that capitalism causes poverty. After economic restrictions against India's Dalits caste were lifted, many Dalits were able to secure a better life and rise from poverty.

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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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