Acton Institute Powerblog Archives

Post Tagged 'poverty'

Global wealth inequality has been falling: Report

“Economic inequality is out of control,” according to Oxfam, which releases a dire-sounding report about inequality every year on the eve of the World Economic Forum in Davos. The 2020 edition faults the supposed “dominance of neoliberal economics, which values deregulation and reduction in public spending,” and the alleged existence of “monopolies,” for “accelerating economic inequality.” Continue Reading...

The 2010s: The decade we (nearly) won the war on poverty

As a new decade begins, it bears pausing to celebrate the strides the human race has made toward eradicating poverty at home and around the world. This is doubly important, as the television retrospectives not only omit our growing prosperity, but so many people believe things are actually getting worse. Continue Reading...

Charles Dickens, poverty, and emotional arguments

Why is it that the Industrial Revolution of the 19th century is so often our go-to mental paradigm for poverty? CapX’s John Ashmore, for instance, recently wrote of those who “feel an argument about poverty is incomplete without claiming we’ve somehow gone back to the 19th century.” Continue Reading...

Ignoring the invisible

I have been thinking a lot about all of the invisible things around us, important foundational things that we take for granted.  Because they don’t immediately manifest themselves to our attention we can forget about them if we are not careful. Continue Reading...

The reason America’s poor are richer than most Europeans

The U.S. has diverged from the OECD approach to economic and energy issues that critics called this weekend’s G7 Summit the “G6-plus-one.” However, a new study shows America’s less regulated, less regimented economy has generated such abundance that the poorest 20 percent of Americans are more prosperous than the average European. Continue Reading...