There is a link between limited government and prosperity. What’s the one thing everyone knows about capitalism? Why, that it started out as a mean, nasty tool of greedy industrialists. “The Industrial Revolution,” we all learned, was a terrible Moloch that devoured children, put profits before people, and though it made great fortunes ... MORE
Showing posts with label poverty. Show all posts
Showing posts with label poverty. Show all posts
Roger Kimball: The Evils Of Capitalism
There is a link between limited government and prosperity. What’s the one thing everyone knows about capitalism? Why, that it started out as a mean, nasty tool of greedy industrialists. “The Industrial Revolution,” we all learned, was a terrible Moloch that devoured children, put profits before people, and though it made great fortunes ... MORERonald Bailey: The President Is Wrong On Inequality
It is not the "defining challenge of our time." Are the rich getting richer?
Yes. Are the poor getting poorer? No. In fact, over the past 35
years most Americans got richer. Has income inequality increased in
the United States? Yes. Does it matter? Well, President Barack
Obama thinks so. In a December speech at the Center for American ... MOREBrian Doherty: Petty Law Enforcement Vs. The Poor
The state against the poor. The New York Times recently noted a new trend in Los
Angeles:
strict enforcement of jaywalking laws downtown, including the
little-known regulation that makes it a crime to enter a crosswalk
after the red crosswalk light is flashing—even if that red light,
as it often does in L.A., is counting down the seconds ... MORECapitalism: The Solution To Mass Poverty
by Jaana Woiceshyn. In a recent Vancouver Province column “Capitalism has a role in fighting poverty,”
Mark Milke takes Pope Francis to task, rightfully, for attacking
capitalism while at the same time calling for eradication of poverty.
Milke is correct in recognizing the role capitalism plays in eradicating
poverty. However, capitalism ... MORE
National Review: The Fifty Year War On Poverty
Great for Democrats, not-so-good for the poor. This year marks the 50th anniversary of President Lyndon Baines Johnson’s proclamation of a “war on poverty,” and the progress in this theater has not been encouraging. Trillions of dollars have been spent, and the number of Americans living in poverty is higher today than it was ... MORE
Thomas Sowell: A Challenge To Our Beliefs
Do facts matter more than social visions? Depressing news about black students scoring far below white students on various mental tests has become so familiar that people in different parts of the ideological spectrum have long ago developed their different explanations for why this is so. But both may have to do some rethinking, ... MOREGiving Free Money Is Better Than The Welfare State
Matthew Feeney on a guaranteed income. The Swiss are set to vote on whether their country should introduce a basic national income of 2,500 Swiss Francs ($2,800) a month for every adult, regardless of their salary or net worth. A date for the vote has yet to be announced. Without the Swiss proposal being attached to drastic welfare reforms ... MOREMario Loyola: How The Minimum Wage Hurts Poor People
Raising the cost of employment is a bad idea. Progressive policies are usually advanced by reference to their
intended beneficiaries, without any reference at all to the social
losses they create. It’s important to see how the supposed benefits fail
in the case of the minimum wage, and Kevin Williamson does a typically great job ... MORENY Times On Minimum Wage - A Regression In Reasoning
by Mark J. Perry. Here are two different New York Times editorials on the minimum wage, with very different policy conclusions: 1. From 1987, “The Right Minimum Wage: $0.00“: Raising the minimum wage by a substantial amount would price working poor people out of the job market.
A far better way to help them would be to subsidize ... MORE
Paul Roderick Gregory: The Problem Is Obesity, Not Hunger
Thoughts on the food stamps debate. Throughout history, politicians have fabricated crises to justify their
own solution to the crisis they themselves dreamed up. History is strewn
with non-existent crises – the population bomb, global cooling,
resource depletion, freon destroying the ozone layer, and so on – that
threaten ... MORESheldon H. Danziger: The Mismeasure Of Poverty
We are officially losers in the war on poverty. THE Census Bureau reported yesterday that the poverty rate in America
held stable between 2011 and 2012, at about 15 percent. According to the
official measure, poverty today is higher than it was in 1973, when it reached a historical low of 11.1 percent. To many, this dismaying fact ... MORE Walter E Williams: You Don't Have To Stay Poor
Come early, stay late. No one can blame you if you start out in life poor, because how you start is not your fault. If you stay poor, you're to blame because it is your fault. Nowhere has this been made clearer than in Dennis Kimbro's new book, "The Wealth Choice: Success Secrets of Black Millionaires." Kimbro, a business professor at Clark ... MOREVIDEO: Milton Friedman - A Conversation On Equality
From the award-winning series "Free To Choose," featuring Thomas Sowell.
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