Poverty

Displaying 1 - 10 of 58

Venezuela: Radical Pro-Market Reform Is the Only Way

PovertyWorld History

Venezuelan politicians hoping to replace the current regime in Venezuela mostly offer just re-treads of the failed socialism the country has endured for decades.

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Capitalism Isn't the Reason We're Unhappy

PovertyU.S. HistoryWorld History

Blog07/26/2019

The theory goes like this: capitalism combines with consumerism and advertising to make us sad, lonely, and forever chasing after material goods. So we consume endlessly and the Machiavellian capitalists reap the rewards. It's not a great theory.

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Socialism: A Man-Made Malthusian Trap

PovertySocialism

Blog07/06/2019

Industrialization and capitalism finally freed us from the starvation and deprivation of endless centuries of subsistence living. Now socialists in Venezuela have managed to reverse centuries of progress.

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Escaping Poverty — Not Inequality — Is What Matters

Poverty

Blog06/27/2019

Some people get richer faster than other people. But what really matters is increasing access to everyday necessities (and luxuries) for everyone.

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4 New Reasons to Fear a Universal Basic Income

PovertyTaxes and Spending

Blog06/20/2019

Beyond the usual arguments about incentives and taxes, a Universal Basic Income is a dangerous policy that supercharges the state and threatens to heighten tensions between different groups in society.

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Homelessness and the Failure of Urban Renewal

Labor and WagesPoverty

Blog06/14/2019

We continue to live with the wreckage of failed urban renewal, and Progressive city planning. And the evidence can be seen in the tent cities and makeshift latrines we now see in public spaces.

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Billionaires Aren't Quite As Rich as We Think They Are

PovertyValue and Exchange

Blog04/30/2019

If the Wal-Mart CEO were to take a $1 salary and the company were to spread that over each of the company's workers, each worker would receive a one-time bonus of $10.

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The Scaremongers Are Wrong about Robots and AI

Labor and WagesPoverty

Blog04/29/2019

Even if a machine were technically capable of providing the same service more cheaply, many consumers are likely to prefer human staff in many cases, including nurses and care providers, entertainers, chefs, and teachers.

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If Billionaires Are Worried About Inequality, They Should Dial up Their Investment Risk

Financial MarketsPoverty

Blog04/24/2019

If inequality keeps billionare Ray Dalio up at night, he could shrink his holdings through bold capital allocations aggressively focused on changing how we live, work, fly, and play.

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Ocasio-Cortez's Selective Memory on the New Deal

Poverty

Blog04/11/2019

The New Deal invigorated a bureaucratic state which had already done much to limit the entrepreneurial opportunities of Americans of all racial and economic backgrounds.

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