Tag: poverty reduction
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Celebrating Adam Smith’s Contributions to Modern Economics Amidst Rising Support for Socialism
Supporters of free-market capitalism are facing difficult times, as advocates of Keynesian economics, Marxism, and welfare-state policies call for deficit spending, tax hikes, fair trade, and overregulation in the name of equality and environmental purity. While the Biden administration’s spending blowout is losing its appeal with voters overall, a Fraser Institute poll finds that those…
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Poverty in America: A Sociologist’s Perspective
In his new book, Poverty, by America, sociologist and Pulitzer Prize-winning author Matthew Desmond seeks to answer the question, “Why is there so much poverty in America?” He approaches this question as both a social scientist seeking a “fundamental theory” of the problem and a “poverty abolitionist” on a moral crusade to eliminate poverty and…
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Examining the Flaws in Matthew Desmond’s “Poverty, by America”
Sociologist Matthew Desmond poses a simple question in his new book, Poverty, by America: “Why is there so much poverty in America?” Desmond, a MacArthur genius-grant recipient and Pulitzer Prize-winning author of Evicted, seeks to answer this question both as a social scientist and as a “poverty abolitionist.” He argues that we collectively exploit the…