Wealth & Poverty Review

a-homeless-encampment-sits-on-a-street-in-downtown-los-angeles-california-usa-stockpack-adobe-stock
A homeless encampment sits on a street in Downtown Los Angeles, California, USA.
Licensed via Adobe Stock

Homeless Encampments or Open Drug Scenes?

Michael Shellenberger has been making the rounds through interviews to discuss his new book, San Fransicko: How Progressives Ruin Cities. In this 9-minute clip from his interview on Dave Rubin's show, The Rubin Report, Shellenberger explains that homeless encampments are a misnomer. In reality, they are open drug scenes. Read More ›
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close up of addict woman and drug syringes
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The Real Zombie Apocalypse

The likelihood of a zombie apocalypse like the ones portrayed in movies and TV shows is slim to say the least, but in the slums of some of America's largest cities, it seems the apocalypse is already upon us. Only it's not a virus or a curse turning people into walking shells of their former selves – it's drug addiction. Read More ›
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Supply and demand graph concept with chalk and blackboard
Supply and demand graph concept with chalk and blackboard

How Learning Inverts the Supply Curve

In economics the law of supply decrees that as price increases, the quantity supplied also increases. In other words, the classical supply curve is upward sloping. This is true in a world with no learning. But every time an additional unit is produced and acquired by a consumer, producers get better at making it and consumers get better at using it. Both parties are learning and growing the knowledge base. Read More ›
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golden gate & san francisco under fog
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The Homelessness Crisis is a Drug Addiction Crisis

"The word 'homeless' is really a propaganda word designed to trick your brain into thinking that this is a problem of poverty," says Michael Shellenberger. "And progressives have done a real disservice to people suffering from addiction by mis-describing them as people that are somehow suffering from high rents." Read More ›
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Silhouette of troubled person head. Concept image of anxiety and negative emotion. Waste paper and head silhouette.
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Mental Illness and Mass Shootings: Is There A Connection?

In asking this question, one must tread carefully. The truth is, there is a connection between untreated, serious mental illness (as distinguished from mental illness) and mass public violence. But instead of allowing that connection to instill fear, it should inspire compassion toward those suffering a serious mental illness and a sense of urgency to provide them with proper treatment. Read More ›
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Daisies growing out of a rock
Daisies growing out of a rock

Life After Capitalism

Anyone determined to provide a “new economics” must haul a heavy burden of proof up a steep slope of professional resistance. At the summits of academic prestige, economics presents a Delphic façade of math and marble. Read More ›
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homeless encampment
homeless encampment

More Than Economics: Complex Stories of Homelessness

A roof and four walls are necessary but not sufficient for safety, health, and overall well-being. The various paths that lead to homelessness – mental illness, addiction, social isolation – often require far more than shelter to restore a person to a thriving existence. Read More ›
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Depressed woman sitting on a chair in dark room at home. Lonly , sad, emotion concept.
Depressed woman sitting on a chair in dark room at home. Lonly , sad, emotion concept.

How Treatment Can Change Everything for the Mentally Ill Homeless

Take the story of Bethany Yeiser. Yeiser's mental state began to deteriorate in college. In her senior year, she dropped out and spent the next four years homeless, suffering many delusions as a result of undiagnosed schizophrenia. She received medical treatment and has been in recovery for fourteen years. Read More ›