poverty

Stop Conflating Inequality With Poverty

The problem of inequality has often been considered to be one of the biggest social problems of our generation. Widespread concern about the great disparities of income and wealth have fueled anti-globalisation sentiments all around the world, and threaten to undermine the advances in trade, investment, and immigration we have seen. One key problem is that contemporary discussions of inequality…
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Capitalism Is Good for the Poor

Critics frequently accuse markets and capitalism of making life worse for the poor. This refrain is certainly common in the halls of left-leaning academia as well as in broader intellectual circles. But like so many other criticisms of capitalism, this one ignores the very real, and very available, facts of history. Nothing has done more…
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