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.
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.
What should we do about the fact that some people are able to earn more money than others? Should government redress the resulting disparities in income? The answer is often believed to hinge upon our conclusion about the role of luck in affecting income-earning abilities. Those on the political left emphasize factors beyond the individual’s […]
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 […]
Indeed, classical liberals are usually much more concerned with the alleviation of poverty, rather than hand-wringing about who might have a larger slice of an ever-widening pie.
Reports of the world’s demise are greatly exaggerated.
Saturday, September 17th will be the five year anniversary of the beginning of the Occupy Wall Street protests. This week’s links cover the protests and what they did (or didn’t) accomplish. The Lasting Effects of Occupy Wall Street, Five Years Later Throwback: What Reason Saw at Occupy Wall Street Protests What Occupy Wall Street Got […]
Many voters, especially younger voters, are “feeling the Bern.” But what exactly are they feeling? Generally, these individuals believe that some people (financially successful individuals) owe other people (low-income individuals)—and that some people, like those of the working class or youth demographic, are entitled to receive benefits at the expense of others. Is This an […]
Editor’s Note: This is part 2 of an open letter from Prof. Howard Baetjer to a friend who commented on one of his Facebook posts about minimum wage laws. You can view part 1 here.Baetjer and his friend, Adam, look at the minimum wage issue from very different perspectives, so Baetjer wrote an open letter. […]
As I was walking around the waterfront in Vancouver, I noticed some beautiful yachts. I took a picture with the largest, dreaming about how nice it would be to have one of my own. After my walk, I returned to my hotel room, scrolled through the television channels, and stumbled across the show Secret Lives […]
As the election season heats up, candidates from both sides of the political spectrum seem to agree on one thing: Free trade hurts Americans. There is also a fierce debate about whether—or to what degree—free trade increases income inequality in the country. As commentators continue to disparage free trade (often on products like smartphones, computers, […]
Does the “Made in Bangladesh” tag on your shirt—which could just as easily be read as “Made by Child Labor”—make you feel bad? There’s no question it should make us reflect on the incredible standard of living that we enjoy. But as Texas Tech Professor Benjamin Powell explains, we shouldn’t feel bad or unethical for […]
March 8th was International Women’s Day. Festivities included rallies, museum dedications, and even a Google search doodle to mark the occasion. In the spirit of the day, many commentators have called to re-double efforts for gender equality around the globe. In a less known spirit of the day, commentators also called on governments to step […]
In this On Demand Program, our professors will explain the means and ends of arguments for social justice through the lens of classical liberalism. You’ll learn more about how to adapt your own arguments to fit the critiques of markets and individual liberty that come from advocates for social justice. Then we’ll look at the […]
The following post appeared on Don Boudreaux’s blog, Cafe Hayek, on December 20th, 2015. There’s been a lot of reporting recently about a new Pew Research Center report misleadingly titled “The American Middle Class Is Losing Ground” and even more misleadingly subtitled “No longer the majority and falling behind financially.” But here’s a picture of Pew’s […]
If you want to get the full picture of the topic of income equality check out this Learn Liberty On Demand program. We’ve pulled together a list of mind-blowing videos, featuring professors like Sean Mulholland, Steve Horwitz and others who explore the subject from many perspectives. We’ve made sure that each video builds on what […]
Without economic freedom, we cannot exercise our other freedoms. The freedom to speak is meaningless if the government prevents us from traveling from our homes or paying for a phone call. The freedom to write is meaningless if the government prevents us from selling newspapers. The freedom to worship is meaningless if the government forces […]
At tonight’s presidential primary debate, the topic of income inequality is almost guaranteed to come up. The widening gap between the rich and the poor is shaping up to be one of the defining themes of this election cycle. A recent, high-profile documentary called “Inequality for All” makes the case that this is a foremost […]