by Dan Mitchell | Feb 13, 2021 | Blogs, Economics
My series on poverty and inequality (see here, here, and here) focuses on why we should try to help the poor rather than hurt the rich. We’ll continue with that theme in Part IV, which begins with this video by Russ Roberts of Stanford University’s...
by Dan Mitchell | Feb 12, 2021 | Blogs, Economics
I repeatedly write about inequality, largely in hopes of helping people, especially my left-leaning friends, understand that we should instead focus on other issues, such as economic opportunity and poverty reduction. In other words, let’s try to...
by Dan Mitchell | Feb 11, 2021 | Blogs, Economics
Back in 2014, I shared two videos, one narrated by Prof. Don Boudreaux and the other narrated by Prof. Deirdre McCloskey, making the point that grinding poverty and material deprivation were the norm for most of human history. It wasn’t until capitalism...
by Dan Mitchell | Feb 10, 2021 | Blogs, Economics, Free Market
There’s a recipe for growth and prosperity. It’s called capitalism. As Dan Hannan explains in this video, it’s the way to help all groups in a society become richer. This is a great video about how free enterprise delivers prosperity for the masses. And...
by Dan Mitchell | Feb 9, 2021 | Blogs, Uncategorized
While I understandably don’t like politicians, I rarely think they are stupid. They do lots of idiotic things, of course, but they are making calculated decisions that it’s okay to hurt the economy if they achieve some political benefit. That’s...
