By Donovan Choy |
New technologies and inventions are often met by the public with great distrust. It’s not hard to see why. Humans have a natural propensity to fear treading new and unknown terrain. We fear the perennial gale of Schumpeterian creative destruction; the disruption to existing market structures, displacement of existing jobs, or the potential hazards it…Read More →
By Adam Smith Center |
Reducing income inequality, Curtails economic prosperity. Good-hearted intentions to close the the widening gap, Only puts the free, dynamic, growing economy at a cap. Through attempts of money redistribution from rich to poor, Like minimum wage laws, progressive taxes, and high subsidy tiers. Alongside provision of free universal healthcare and education, Instead of looking at…Read More →
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