Lower and middle income Americans are living better than kings, writes Richard Rahn in this Washington Times article. As we go into this Christmas week, you should count your blessings that you live in...
Speaking of equity, or the lack of it, consider the experience of leading economic anthropologist Polly Hill (recounted in a video interview by Alan Macfarlane): I was automatically debarred from keeping every term thereafter...
For students researching and debating the freedom vs. equity value topic, Elizabeth Gaskell’s novel, North and South, is food for thought. The novel, set in 1850, contrasts the traditions and values of the aristocratic...
No easy answers for questions about wealth and poverty. Few rich people want to be poor but many with low-incomes wish they were rich or at least earned more. People wonder about the sources...
Life is better for many and worse for some. The stories people read and hear shape how they understand wealth or poverty in their own lives. We compare our life to those around us...
Economists research social order and the ways order emerges to coordinate the everyday production and exchange of goods and services between people, families, and communities. This conversation on social justice is recommended for students...
The Mackinac Center for Public Policy recently posted, and I shared, this Frederic Bastiat quote on Facebook. Lincoln-Douglas debaters researching the values of freedom and equity in the realm of economics may have heard the...
This post by the late Gary Becker discusses the different because income inequality and issues of equity. Titled “Contrived Inequality and Equality” the post looks at legislation and regulation that creates income differences by...
In Mark Perry’s recent post: More on … ‘rising income inequality’ with new data from … Census report he argues Census data indicate not much has changed over the last twenty years. The share of...
For students researching and debating the economics/freedom/equity topic, “Who Really Wants to Solve the Problem of Poverty?” offers an excellent overview. The article asks why people who express deep interest in reducing poverty in...
