Ahead of his panel on Corruption and Poverty in Latin America at LibertyCon Europe, Juan Carlos Hidalgo, former policy analyst at the Cato Institute talks about why Latin America has so many cases of corruption, the recent protests in Chile and other countries around the world.
Is it fair that CEOs get paid millions—even billions—while there are so many people still in poverty? Well, it depends! Watch the second entry in our question and answer series with Prof. Howie Baetjer.
What’s the evidence that economic freedom is beneficial for society? Prof. Antony Davies shows charts of the free market’s effects on unemployment, inequality, poverty, and even child labor.
Why did poverty decrease so much over the past 200 years, and especially over the past 30 years? Let’s look at one key example; then we’ll zoom out to the broader research.
Today’s welfare system discourages aspiring for the American dream. What if we tried a universal basic income instead? Watch the full interview with Prof. Munger
Last week, Professor Jeffrey Miron joined us on Reddit for an “Ask Me Anything” conversation as part of the Learn Liberty Reddit AMA Series. The conversation focused on Dr. Miron’s 30+ years of study on the effects of drug criminalization. Check out some of the highlights below. GPSBach While there seems to be an emerging consensus on […]
Why do people keep saying the ‘50s were more “equal” than today? Perhaps they forget how many people were in poverty — or what the major unions did to African-Americans.
A combination of drought, political instability and poor policies is threatening the lives of thousands. Fortunately, for some herders, insurance products are helping to make a desperate situation a little bit better.
The rich get richer, and the poor get … cell phones, cars, and nice TVs? Prof. Mike Munger says we’re actually more equal than ever. Click to watch the full interview.
I am furious. I was scrolling through my Facebook feed and learned that my friend Steve Horwitz had written almost 3,000 words in a single day in his new book chapter on inequality.
Venezuela is an unfolding story of the chaos resulting from government intervention in economic affairs. President Maduro faces a political crisis, and violent protests pose real threats to his desperate attempts to retain power. The economy is collapsing in front of our eyes, but the real tragedy is not the macro indicators that we read […]
The rapid decline of poverty over the past forty years shows that there has never been more hope for rising incomes among the poor. We can help them best by promoting mobility through economic freedom.
Here’s my opening statement for my Students for Liberty debate with Will Wilkinson. Enjoy. Libertarians have a standard set of fundamental criticisms of the welfare state. Forced charity is unjust. Individuals have a moral right to decide if and when they want to help others. Forced charity is unnecessary. In a free market, voluntary donations […]
Jobs are the means, not the ends in themselves.
Recently, at a Center for Global Development conference, attendees criticized a wide swath of development programs that, these experts say, provide no evidence they are achieving their objectives.
Isn’t a Universal Basic Income just another name for a negative income tax, such as Tax = -$10,000 + .3*Income? If so, isn’t a Universal Basic Income means-tested by definition?
I was initially excited to see that progressive Dean Baker has written a piece on “Eight Market-Oriented Proposals That Reduce Income Inequality” for AEI. It begins promisingly by criticizing overly strict occupational licensing for high-skilled workers. But it then studiously avoids the really big wins. Namely: 1. Immigration. High-skilled immigration reduces conventionally measured inequality by […]
Minimum wage laws were invented to protect the “Anglo-Saxon” race from competition. Prof. Deirdre McCloskey explains the authoritarian roots of Progressivism.
One of the gravest economic mistakes that humans can make is to forget that ours is unavoidably a world of scarcity.
On Friday, January 20, 2017, Donald Trump was sworn in as the 45th President of the United States. His victory in the 2016 election was a surprise to many, and his success in the so called Rust Belt made it happen. Wisconsin, Michigan and Pennsylvania all went to Trump, something that hadn’t happened for a Republican […]
Last week, Douglas County went in front of the U.S. Supreme Court because the family of Endrew F., a fifth grade student with autism, sued it for refusing to give Endrew a voucher to attend a school to meet his unique educational needs.
Commerce brings out the best in human beings by providing incentives to care about others. Those who can’t rise above focusing on their short-term narrow needs have little ability to meet the needs of others.
Every year the number of regulations, dictates, rules, decrees, guidelines, statutes, laws, and bylaws in the United States grows by leaps and bounds.
A personal story about Vance’s climb from poor, white Appalachia to a Yale law degree and a white-collar career, Hillbilly Elegy: A Memoir of a Family and Culture in Crisis will make you laugh, cry, and think carefully about the importance of culture for economic wellbeing.