poverty


58 Facts About The U.S. Economy From 2015 That Are Almost Too Crazy To Believe

By Michael Snyder Economic Collapse Blog December 23, 2015   58 Facts About The U.S. Economy From 2015 That Are Almost Too Crazy To Believe     The world didn’t completely fall apart in 2015, but it is undeniable that an immense amount of damage was done to the U.S. economy.  This year the middle […]

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Reflections on Venezuela’s “Economic Miracle”

By Andrew Syrios Mises.org October 23, 2015   Reflections on Venezuela’s “Economic Miracle”   Back in 2013, Salon took a quick break from criticizing a caricature of libertarianism to let David Sirota write an embarrassing article praising socialism in what turns out to be a fantastic case study in both the dangers of socialist economics and […]

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If You Want To Know The Truth About The Unemployment Rate Read This Article

By Michael Snyder End Of The American Dream September 5, 2015   If You Want To Know The Truth About The Unemployment Rate Read This Article     The Obama administration is telling us that the unemployment rate in the United States has fallen to 5.1 percent, but does that number actually bear any resemblance […]


World’s Poor: “We Want Capitalism”

By Iain Murray Foundation for Economic Education September 2, 2015   World’s Poor: “We Want Capitalism” Post-Colonial Capitalism at the Bottom of the Pyramid       In the forests of India, something exciting is going on. Villagers are regaining property taken from them when the British colonial authorities nationalized their forests. Just as exciting, in […]

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A picture from an Indian reservation in South Dakota. American Indians have gotten the rawest deal in America as a group, and the US government has managed their affairs to a large degree since conquering them. So what does that tell you?

Welfare state fails again: More children living in poverty now than during recession

By Nick Sorrentino Against Crony Capitalism July 22, 2015   Welfare state fails again: More children living in poverty now than during recession     This is what happens when government layers regulations on top of regulations. When it makes it very difficult to start businesses. When it encourages government dependence for electoral reasons. (It […]


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A Fighter on Many Fronts

By Lawrence W. Reed Foundation for Economic Education June 28, 2015   A Fighter on Many Fronts     If you remember the famous 1938 fight for the world heavyweight boxing title between Detroit’s Joe Louis and Germany’s Max Schmeling, you’ve been around awhile. If you don’t, there’s a good chance you’ve heard about it […]


Baltimore’s Unemployed and the True Cost of Minimum Wages

By Hal Snarr Mises.org June 28, 2015   Baltimore’s Unemployed and the True Cost of Minimum Wages   Since President Johnson first declared war on poverty in his 1964 State of the Union address, this war has cost US taxpayers $22 trillion. The primary implement of this war has and continues to be public assistance […]

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Extorting Low-Income Individuals to Help “the Poor”

By Gary Galles Mises.org May 12, 2015   Extorting Low-Income Individuals to Help “the Poor”   Many policies are supposedly justified because they would “take from the rich and give to the poor.” While that fits with the view that theft “for a good purpose” makes one a philanthropist, from the perspective of self-ownership, it […]


Fooled by GDP

By Steven Horwitz Foundation for Economic Education April 29, 2015   Fooled by GDP Economic activity versus economic growth     Even the smartest of economists can make the simplest of mistakes. Two recent books, Violence and Social Orders by Douglass North, John Wallis, and Barry Weingast and Why Nations Fail by Daron Acemoglu and […]

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Poverty, Child Rearing, and Government Incentives

By Adam Vass Gal Mises.org April 23, 2015   Poverty, Child Rearing, and Government Incentives   The article is adapted from Adam Vass Gal’s new book Generational Poverty: An Economic Look at the Culture of the Poor (2015) from Vernon Press. When examining cyclical poverty, it is important to study the typical tendencies of people […]

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