Wealth & Poverty Review | Page 3

illustration of salary comparison, inequality concept

What’s Being Done to Reduce Wealth Inequality in the US?

Wealth inequality has grown in recent years. There are nearly 1,000 billionaires in the U. S. and the wealthiest Americans have never been richer. In contrast, poor and working-class Americans have seen their incomes stagnate and fall. Discovery Fellow Nathan Lewis joined NPR to discuss what can be done to reduce wealth inequality in the United States. Read More ›
safe-haven-currency-for-investment-financial-concept-us-100-usd-dollar-banknotes-on-a-table-depict-most-popular-asset-for-central-bank-reserve-global-money-for-using-or-paying-debt-in-the-world-stockpack-adobe-stock
Safe-haven currency for investment, financial concept : US 100 USD dollar banknotes on a table, depict most popular asset for central bank reserve / global money for using or paying debt in the world
Safe-haven currency for investment, financial concept : US 100 USD dollar banknotes on a table, depict most popular asset for central bank reserve / global money for using or paying debt in the world

“Taxing All Income The Same” Done Right

“Taxing all income the same” is the right idea. Without it, we are lost at sea where every possible stupidity can be justified by “fairness.” This is the principle of Uniformity, and it should be the basis for our tax system of the future. Read More ›
tax-season-with-wooden-alphabet-blocks-calculator-pen-on-1040-tax-form-backgrounda-stockpack-adobe-stock
Tax season with wooden alphabet blocks, calculator, pen on 1040 tax form backgrounda
Tax season with wooden alphabet blocks, calculator, pen on 1040 tax form backgrounda

Why Joe Biden’s Tax Plan Isn’t Going To Work

Socialists always have all kinds of fantasies, but they live in the same real world as the rest of us, and in the real world there are certain cause and effect relationships that are, by now, well known. Read More ›
green-corn-field-with-corn-cobs-close-up-stockpack-adobe-stock
Green corn field with corn cobs close up.
Green corn field with corn cobs close up.

Healing Peter’s Pessimism

While it is easy to be pessimistic if you compare today to utopia, a much better perspective is to look at yesterday and see how far we’ve come in our journey to lift everyone from poverty. We’re experiencing growth in material abundance, time abundance, and choice abundance. Welcome to Superabundance! Read More ›
Superabundance

Review of Superabundance on RealClearMarkets

Ronald Reagan said “There are no limits to growth and human progress when men and women are free to follow their dreams.” In Superabundance: The Story of Population Growth, Innovation, and Human Flourishing on an Infinitely Bountiful Planet the Cato Institute’s Marian Tupy and Brigham Young professor Gale Pooley make a cogent, empirically-grounded case for Reagan’s full-throated optimism. Read More ›
a-homeless-encampment-on-the-side-of-a-road-stockpack-adobe-stock
A homeless encampment on the side of a road
A homeless encampment on the side of a road

‘Housing First’ Caused the Homelessness Catastrophe

How did the United States end up in such a filthy state? Blame ideologically driven public policies, most particularly, “Housing First,” a fine-sounding—but ultimately dysfunction-inducing—approach that thwarts ending our homelessness catastrophe. Read More ›
cropped-image-of-a-young-african-sportsman-stockpack-adobe-stock
Cropped image of a young african sportsman
Cropped image of a young african sportsman

A Tale of Two Curves: Physical Life vs. Economic Life

Our economic lives improve if we are free to continuously add knowledge to our planet’s atoms. Knowledge makes atoms more valuable and more abundant at the same time. To better understand our world, we need to focus on the growth of knowledge instead of the aging of our bodies. We face limits to our mortality, but not limits to the growth in value-creating knowledge. Read More ›