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A Lesson from China on Poverty Reduction and Inequality

A Lesson from China on Poverty Reduction and Inequality

by Dan Mitchell | Jun 15, 2017 | Blogs, Economics

I’ve written (many, many times) about how the best way to help the poor is to focus on economic growth rather than inequality. After all, in a genuine market economy (as opposed to socialism, cronyism, or some other form of statism), the poor aren’t poor because some...
Long-Run Global Growth and Lessons about Inequality and Poverty Reduction

Long-Run Global Growth and Lessons about Inequality and Poverty Reduction

by Dan Mitchell | May 20, 2017 | Blogs, Economics, Free Market

For almost all of human history, the norm for 99 percent of the population was poverty and deprivation. Then, starting a few hundred years ago, something amazing happened. There was a sudden explosion of prosperity. In past years, I’ve shared two videos explaining...
Story about German “Poverty” Features World’s Most Dishonest Headline or World’s Most Clueless Headline

Story about German “Poverty” Features World’s Most Dishonest Headline or World’s Most Clueless Headline

by Dan Mitchell | Mar 4, 2017 | Blogs, Economic Growth

As I peruse the news, I periodically see headlines that are misleading in some fashion. And if the headline is sufficiently off-key or bizarre, I feel compelled to grouse. A disappointingly inaccurate headline about the capital sinking into the sea. A grossly...
The Sensible Way to Help the Poor and Reduce Poverty

The Sensible Way to Help the Poor and Reduce Poverty

by Dan Mitchell | Dec 29, 2016 | Blogs, Economics

If there was an award for the most dramatic political development of 2016, it would presumably be the election of Donald Trump. If there was an award for the best policy reform of 2016, my vote would be the constitutional spending cap in Brazil. If there was an award...

Hillary Clinton’s Plan to Create More Poverty and Dependency

by Dan Mitchell | Sep 22, 2016 | Big Government, Blogs, Welfare and Entitlements

Because of my disdain for the two statists that were nominated by the Republicans and Democrats, I’m trying to ignore the election. But every so often, something gets said or written that cries out for analysis. Today is one of those days. Hillary Clinton has an...
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