Poverty

Displaying 11 - 15 of 15

Why Do Half-Measures Work for Markets, But Not for Socialism?

Global EconomyPoverty

Blog05/31/2017
Socialists tell us that socialism won't work unless it's total and pure. Fortunately, even partial and halfway pro-market reforms work quite well.

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We Don't Need to Create Jobs — We Need to Create Value

Labor and WagesPovertyValue and Exchange

Blog05/29/2017
Wages spring directly from, and are proportional to, the degree in which a job creates wealth by helping to satisfy an unmet need.

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The Trump Budget: Real Cuts vs. the Media Version of "Cuts"

PovertyTaxes and SpendingPolitical Theory

Blog05/25/2017
The Trump budget proposes to increase spending on Medicaid by slightly less that what had been earlier proposed. In DC-speak, this is called a "cut."

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Decentralize the Welfare State

Decentralization and SecessionPovertyTaxes and Spending

Blog05/25/2017
What if the US welfare state was broken up into 50 pieces and the states dole out all that money to low-income residents instead?

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How Socialism Ruined Venezuela

PovertySocialism

10/13/2017The Austrian
When Venezuela finally embraced democracy, it began to kill economic freedom.

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