Tagged with "economic inequality"

Inequality, growth, fairness: Not quite what you thought

All the available evidence shows we should focus on growth and forget about inequality. Yes, some rich people will get richer, but the really great news is that the poor will get richer as well. Put another way, socialism just makes everyone poorer, especially those who are aleady poor
by Daniel J. Mitchell - 31 July 2017
Is inequality bad if some get richer faster than others?

If we truly care about the interests of the poor, we have to face the reality that inequality does not make their situation worse. On the contrary, there is considerable evidence that unequal societies do a better job of eliminating poverty
by Daniel J. Mitchell - 4 November 2015
Leftist inequality narrative debunked by academic evidence

If Margaret Thatcher was right, leftists are motivated more by hatred for the rich than by love for the poor. Some fascinating new research totally debunks the Left's fantasy narrative on inequality
by Daniel J. Mitchell - 16 June 2015
Left’s Inequality fixation: economically and politically flawed

As Margaret Thatcher well knew, you can hurt the rich by also making the poor poorer. Tragically, that's the kind of strategy the Left likes, meaning they don't really care about the poor at all, only about pushing failed class war politics that just by chance usually make only them better off
by Daniel J. Mitchell - 22 April 2015
A modest proposal to reduce income inequality

If income inequality is such a problem we could solve it by exiling or even selling rich people to other countries. We'd lose all our best doctors, CEOs, film stars, and footballers. And we'd be much poorer. But what's the problem with that when you have a Leftist obsession?
by Daniel J. Mitchell - 13 March 2015
When inequality is a problem, and when it isn't

The bottom line is that social mobility and improvements in wealth levels for all, especially at the bottom of the pile, are far more important measures of a country's economic well-being than equality. As usual, the Left just doesn't get it
by Sir John Redwood MP - 19 December 2014
Want to help the poor? Drop "inequality". Do it now

The left mistakenly acts as if the economy is a fixed pie and one person’s success necessarily means the rest of us are worse off. So in an effort to increase the relative amounts received by the poor, they pursue policies that cause the pie to shrink
by Daniel J. Mitchell - 19 March 2014
What motivates the Left: Envy or Greed?

From this side of the Atlantic to the other there's plenty of evidence of Leftist greed. But it is the sheer envy-obsessed urge to punish success that really stands out
by Daniel J. Mitchell - 5 February 2014
A delicious picture: Left prefers poverty to inequality

Margaret Thatcher got it. China gets it. The economically illiterate Left doesn't. Or is it that they would rather see people get poorer rather than forsake the unholy grail of equality?
by Daniel J. Mitchell - 27 January 2014
Does socialism work? A classroom experiment

Most intelligent people realise that socialism could never work. Here is why, in the simplest fashion
by Daniel J. Mitchell - 17 November 2011