by Dan Mitchell | Jun 7, 2022 | Blogs, Economics
As far as I’m concerned, the huge reductions in global poverty in recent decades are the only evidence we need about the benefits of economic growth. This chart I shared in 2014 shows that output doubles much faster when annual...
by Dan Mitchell | Apr 12, 2022 | Blogs, Economics, Taxation
Thomas Piketty is a big proponent of class-warfare tax policy because he views inequality as a horrible outcome. But a soak-the-rich policy agenda, echoed by many other academics such as Emmanuel Saez and Gabriel Zucman,...
by Dan Mitchell | Jan 27, 2022 | Blogs, Free Market
There were many notable tweets in 2021. The tweet of the yearThe most morally reprehensible tweetThe most depressing tweet (for the left)The best counter-tweet I realize there are still more than 11 months left in 2022, but we may have a...
by Dan Mitchell | Dec 9, 2021 | Blogs, Society
I have a four-part series (here, here, here, and here) that explains why it’s much better to focus on fighting poverty rather than fretting about inequality. I also think that our friends on the left who fixate on inequality are...
by Dan Mitchell | Nov 3, 2021 | Blogs, Free Market, Trade
I’ve shared several videos (here, here, here, and here) that use rigorous data to show that grinding poverty and severe material deprivation was the norm for humanity – until capitalism gained a foothold a few hundred years ago. Fortunately, as free...