Poverty

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Why Natural Disasters Are Worse For Poor Countries

The EnvironmentGlobal EconomyPoverty

Blog09/14/2017
Wealth-building and capital are the most important factors in weathering natural disasters — whether caused by global warming or not.
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How Welfare States Make Us Less Civilized

Labor and WagesPovertyValue and Exchange

Blog08/17/2017
The market’s informal, spontaneous cooperation for mutual benefit has been replaced by a statist mindset.
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Did Obamacare Really Save Lives?

HealthPovertyU.S. History

Blog06/29/2017
The actual data do not support the breathless claims that rolling back ObamaCare will literally kill many thousands of Americans.
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Will Our Grandchildren Work Only Four Hours Per Day?

Labor and WagesPoverty

Blog06/21/2017

If capitalists have their way, we may be looking at a future of 20-hour work weeks while producing a higher standard of living.

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Wages and Subsistence

Labor and WagesPoverty

Blog06/12/2017
Labor is appraised like a commodity not because the entrepreneurs are cruel but because they are subject to the supremacy of the pitiless consumers.
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Withdrawing From Paris Agreement Helps the Most Vulnerable

The EnvironmentPoverty

Blog06/08/2017
Higher energy costs mean less money for raising wages for workers, hiring new employees, purchasing more inventory, or investing in capital.
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Why Do Half-Measures Work for Markets, But Not for Socialism?

Global EconomyPoverty

Blog05/31/2017
Socialists tell us that socialism won't work unless it's total and pure. Fortunately, even partial and halfway pro-market reforms work quite well.
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We Don't Need to Create Jobs — We Need to Create Value

Labor and WagesPovertyValue and Exchange

Blog05/29/2017
Wages spring directly from, and are proportional to, the degree in which a job creates wealth by helping to satisfy an unmet need.
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The Trump Budget: Real Cuts vs. the Media Version of "Cuts"

PovertyTaxes and SpendingPolitical Theory

Blog05/25/2017
The Trump budget proposes to increase spending on Medicaid by slightly less that what had been earlier proposed. In DC-speak, this is called a "cut."
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Decentralize the Welfare State

Decentralization and SecessionPovertyTaxes and Spending

Blog05/25/2017
What if the US welfare state was broken up into 50 pieces and the states dole out all that money to low-income residents instead?
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