Expanding the Child Tax Credit Would Perpetuate Systemic Poverty
The policy is a true budget buster and is ineffective in the long term.
Poverty
Bureaucrats Are Moving To Cap Bank Overdraft Fees, Which Will Hurt the People It's Meant To Help
Many who see overdraft protection as preferable to other short-term credit options will have fewer choices as some banks decide the service isn't worth offering anymore.
Argentina, Once One of the Richest Countries, Is Now One of the Poorest. Javier Milei Could Help Fix That.
The new libertarian president believes in free markets and the rule of law. When people have those things, prosperity happens.
What Javier Milei Could Teach Democrats and Republicans About Capitalism
His speech in Davos challenged the growing worldwide trend of increased government involvement in economic affairs.
Don't Shun Controversial Ideas and People. Debate Them.
They should be heard, not shouted down.
Princeton's Matthew Desmond Gets Everything Wrong About Poverty's Root Causes
Desmond's analysis never goes deeper than his facile assertion that "poverty persists because some wish and will it to."
'Someone Is Going To Die Today': Did Daniel Penny Act in Self-Defense?
"I have encountered many things," one witness told the grand jury, "but nothing that put fear into me like that."
Feds To Spend Hundreds of Millions of Dollars on E.V. Chargers in 'Disadvantaged Communities'
The projects include $1.4 million for a charging station in a remote Alaskan community with barely 2,000 people.
Magatte Wade: The Real Reasons Why Africa Is Poor and Why It Matters
The author discusses how cryptocurrencies are helping people like her build the Africa—and the world—they want.
The Real Reasons Africa Is Poor—and Why It Matters
Author Magatte Wade discusses how cryptocurrencies are helping people like her build the Africa—and the world—they want.
3 Economic Myths That Need To Die
As we step into 2024, it's crucial to adopt a more informed perspective on these dubious claims.
Here's Why Charity Is Better at Solving Problems Than Government
Big government has been ruinous for millions of people. Charities aren't perfect, but they are much more efficient and effective.
12 Increasingly Off-the-Wall Housing Reforms
American cities and states passed a lot of good, incremental housing reforms in 2023. In 2024, we'd benefit from trying out some long shot ideas.
Johan Norberg: Why We Need a Capitalist Manifesto
Q&A with the author of the book Elon Musk calls "an excellent explanation of why capitalism is not just successful, but morally right."
The Real Scandal in Washington Is the Government's Reckless Spending
Those sounding the loudest alarms about possible shutdowns are largely silent when Congress ignores its own budgetary rules. All that seems to matter is that government is metaphorically funded.
Will the Government Shutdown Result in 'Hunger for Millions' as Reuters Claims?
When you use incorrect stats to bolster your claims, as Reuters did, all kinds of foolish conclusions follow.
Spending Other People's Money
Plus: Separating child poverty facts from fiction, EU will ban payments for sperm and blood, and more...
Despite the Doomsday Narrative, Global Inequality Has Significantly Declined
This progress has been widely shared, to the great benefit of the people at the bottom of the distribution.
Five Years Later, Philadelphia's Soda Tax Is Falling Flat
The city wanted to bring in more money, in part for early childhood education. But such taxes are disproportionately paid by the poor.
Was the Radical Left Correct About the IMF and World Bank?
Alex Gladstein on how "monetary colonialism" has crippled the Third World
Ending Poverty Requires Serious Policy, Not Political Platitudes
Another exercise in nonsense by state lawmakers in California.
Zoning Police Criminalize Kindness in Oregon
A town clamps down on distributing clothes, personal care items, and food to the homeless.
'I Owe Freedom My Life': Jimmy Lai Is Imprisoned for Criticizing the Chinese Government
Lai's media company covered the Communist government's abuses when other Hong Kong media wouldn't.
Fearmongering Won't Solve Climate Change
Global warming is an issue. But there are other pressing problems that deserve the world's attention.
Conservatives Pushing 'Common Good Capitalism' Sound a Lot Like Progressives
The ideology champions the same tired policies that big government types predictably propose whenever they see something they don't like.
The Government Wants To Cap Credit Card Late Fees. It Will Hurt the Poor.
Delayed payments will increase, and companies will respond by raising interest rates—or denying low-income applicants outright.
'It's Like Stockholm Syndrome': Gloria Álvarez Is Trying To Save Latin America From Socialism
"If there is freedom, private property, rule of law, then Latin Americans thrive," says the social media star.
The Push To Eliminate Fossil Fuels Is Hurting Poor People
"When we look at solar and wind around the world, it always correlates to rising prices and declining reliability."
Debate: Mentally Ill Homeless People Must Be Locked Up for Public Safety
Have we forgotten the era of mass institutionalization?
The Club of Rome's New Malthusianism-Lite Report
No overpopulation doom but humanity is still at risk by overstepping planetary boundaries.
Wages Are Rising for Low-Skill Workers, Driving Down Poverty and Inequality
Plus: "Flipping the proverbial bird is a God-given" right, administrative state abuses, and more...
Meet the Students Pushing Back Against Socialism
"It's very easy for politicians to legislate freedom away," says Northwood University's Kristin Tokarev. "But it's incredibly hard to get back."
When the Government Makes Poverty Worse
A Pennsylvania survey suggests that taxes are often a major barrier to economic security, ranking ahead of credit card debt and student loans.
Social Security Is on the Brink of Collapse. The GOP Won't Touch It.
In 1950, there were more than 16 workers for every beneficiary. In 2035, that ratio will be only 2.3 workers per retiree.
No, the World Is Not Heading Toward 'Mass Extinction'
Despite an apocalyptic media narrative, the modern era has brought much longer lives and the greatest decline in poverty ever.
They Fell Behind on Their Property Taxes. So the Government Sold Their Homes—and Kept the Profits.
The Supreme Court has agreed to hear 94-year-old Geraldine Tyler's case challenging home equity theft.
Charity and Capitalism Are Better Than Government
When I was young, I assumed government would lift people out of poverty. But those policies often do more harm than good.
A Lame-Duck Congress Should Reject the Extended Child Tax Credit
The policy has some bipartisan support, despite the fact that it has mostly been a failure since its inception.
The Pilgrims Dreamed of Socialism. Then Socialism Almost Killed Them.
Private property was the solution to their failed experiment. But people keep repeating the Pilgrims' mistakes.
Republicans Need an Actual Plan To Grow the Economy
The biggest beneficiaries of economic growth are poor people. But the deepest case for economic growth is a moral one.
Electric Cars Are Good, but We Still Need Fossil Fuels
"Engineers are really good at making things better, but they can't make them better than the laws of physics permit."
Farm Subsidies and Food Stamps Won't Fix High Grocery Prices. Innovation Will.
With government meddling, many farmers end up doing less with more, and people end up paying more for less.
Federal Court Upholds Cruel, Unconstitutional St. Louis Ban on Sharing Food with Homeless
The ordinance governing how food can be shared is designed to make it next to impossible to share food.
Here's What the Media Get Wrong About Hurricanes
No, a big storm does not require big government.
What Would It Take for the Democrats To Really Be the Party of Opportunity?
Government should not penalize investment, thwart competition, discourage innovation and work, or obstruct production.
When Sri Lanka Banned Synthetic Fertilizers, the Country Imploded
Green activists have some good points. But the pursuit of a chemical-free world hurts vulnerable people the most.
Mitt Romney's Family Plan Isn't Great, but It May Be Better Than the Alternatives
Whether the federal government should be subsidizing families at all is another matter.