Is Economic Inequality a Big Deal?
What’s Better for Poor People, Economic Growth or Redistribution?:
I wish I had used my example of Chile v. Argentina v. Venezuela. Or my more recent post on Singapore’s remarkable growth.
One thing I did mention is that the poverty rate was falling for much of U.S. history, but then stopped falling once the so-called War on Poverty began. I pointed out that this was compelling evidence that spending $trillions on income redistribution was trapping people in poverty.
Unfortunately, this part was edited out, perhaps because the lefties at PBS didn’t want more people exposed to this inconvenient truth.