by Dan Mitchell | Mar 18, 2021 | Big Government, Blogs, Welfare and Entitlements
Here are four things to understand about poverty and dependency. Throughout most of human history, harsh material deprivation was the norm for the vast majority of people.The development of free enterprise and economic liberty led to dramatic...
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 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 5, 2021 | Blogs, Economics
My late friend Walter Williams was a first-rate economist, an important public intellectual, and a truly great American. He also was an amazing communicator, with an unparalleled ability to make important points in a succinct and easy-to-understand manner....
by Dan Mitchell | Dec 28, 2020 | Blogs, Economics, Free Market
My recent three-part series (here, here, and here) explained why policy makers should seek to reduce poverty rather than inequality. I want to expand on that point today by showing why growing the pie is more important than how it is sliced. I’ve previously opined on...
