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 brutal, absolutist, and mercantilist state that collapsed under the French Revolution was no benign and restrained regime. And in many ways, the monarchy's embrace of a powerful centralized state sowed the seeds of its own destruction.