Poverty
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‘Market Humanism’ Renames an Old Economic Insight: Cooperation
A new book suggests a modern marketing label for classical liberal ideas: individuals acting in markets are engines of human flourishing.
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Humility Is Civilization’s Price of Admission
A Canadian shop mailed me the hard-to-find part to save my wife’s old blender. How do prices help strangers cooperate on a scale no one can engineer?
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Bono’s Hard-Won Lesson About Poverty
Aid may relieve immediate suffering, but only productivity, enterprise, and strong institutions can conquer poverty for good.
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Congress Reformed Welfare. Bureaucrats Regrew It Anyway
Voters demanded the 1996 welfare reform law that limited eligibility and emphasized work. Since then, executive agencies have used their discretion to quietly loosen those rules.
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When Paris Went Hungry Under Government Food Controls
During the French Revolution, authorities in Paris turned to “a series of ventures in price-fixing and food control” to ensure people did not go hungry. It didn’t work as planned.
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Can a Freely Given Coconut Begin Civilization?
Trust precedes trade. Our natural empathy, our desire to see others do well, cultivates social order and generates the wealth of nations.
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The McNamara Fallacy Returns: How Inequality Metrics Distract From the Real Causes of Poverty
When policymakers obsess over inequality statistics, they often overlook the institutions and policies that actually keep people poor.
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Upward Mobility Is a Better Measure of Justice Than Income Equality
If your wealthy boss earns less, will you earn more? France’s compressed salary scale shows more ‘equal’ pay clusters at levels that could keep you both poorer.
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Getting Unemployment Insurance Back to Work
The pandemic exposed weaknesses that had accumulated over decades.
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An Evergreen Warning About Social Security
A new book from Cato answers old questions: can Social Security remain solvent as lifetimes lengthen and birth rates fall?
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•
‘Market Humanism’ Renames an Old Economic Insight: Cooperation
A new book suggests a modern marketing label for classical liberal ideas: individuals acting in markets are engines of human flourishing.
-
•
Humility Is Civilization’s Price of Admission
A Canadian shop mailed me the hard-to-find part to save my wife’s old blender. How do prices help strangers cooperate on a scale no one can engineer?
-
•
Bono’s Hard-Won Lesson About Poverty
Aid may relieve immediate suffering, but only productivity, enterprise, and strong institutions can conquer poverty for good.
-
•
Congress Reformed Welfare. Bureaucrats Regrew It Anyway
Voters demanded the 1996 welfare reform law that limited eligibility and emphasized work. Since then, executive agencies have used their discretion to quietly loosen those rules.
-
•
When Paris Went Hungry Under Government Food Controls
During the French Revolution, authorities in Paris turned to “a series of ventures in price-fixing and food control” to ensure people did not go hungry. It didn’t work as planned.
-
•
Can a Freely Given Coconut Begin Civilization?
Trust precedes trade. Our natural empathy, our desire to see others do well, cultivates social order and generates the wealth of nations.
-
•
The McNamara Fallacy Returns: How Inequality Metrics Distract From the Real Causes of Poverty
When policymakers obsess over inequality statistics, they often overlook the institutions and policies that actually keep people poor.
-
•
Upward Mobility Is a Better Measure of Justice Than Income Equality
If your wealthy boss earns less, will you earn more? France’s compressed salary scale shows more ‘equal’ pay clusters at levels that could keep you both poorer.
-
•
Getting Unemployment Insurance Back to Work
The pandemic exposed weaknesses that had accumulated over decades.
-
•
An Evergreen Warning About Social Security
A new book from Cato answers old questions: can Social Security remain solvent as lifetimes lengthen and birth rates fall?