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.
Most income inequality stats provide a cloudy and confusing picture of the real situation. Even worse, these stats are used to justify a wide variety of tax hikes and government interventions.
Beyond the usual arguments about incentives and taxes, UBI is a dangerous policy that supercharges the state and threatens to heighten tensions between different groups in society.
Austrians will be vindicated, but will they be heard?
Austrians will be vindicated, but will they be heard?
Bob Murphy disagrees with Tucker Carlson's unambiguous approval of Elizabeth Warren’s call for “economic nationalism”.
Bob Murphy discusses Krugman's shocking willingness to harm the country—as long as it denies Trump a political victory.
Presented in 1990, Yuri N. Maltsev describes the miserable standard of living in the Soviet Union and explains how the economy could be fully privatized.
Presented in 1990, Gottfried Haberler (1900–1995), a student of Ludwig von Mises's in Austria, expresses his elation at the revolutionary events.
