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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label Income inequality. Show all posts

Thursday, March 28, 2013

Income Inequality: The Austrian Perspective

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Roger Koppl at the Thinkmarkets blog explains the controversial issue of income inequality from the Austrian school perspective; This i...

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Monday, April 30, 2012

Quote of the Day: The Bottom One Percent

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We hear a lot about the top 1%. We don't hear a lot about the bottom 1%. There are about 313 million people in America today . 1% of ...

Wednesday, October 19, 2011

War on Naked Shorts: EU Bans Short Selling

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Politicization of the marketplace has been broadening. Trading curbs are not only applied to commodities but to short-selling as well. Fro...

Wednesday, February 16, 2011

Video On US Income Inequality: What Statistics Don’t Say

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In this video, Professor Steve Horwitz explains the myth behind mainstream’s presentation of “income inequality”. (hat tip: Professor Art Ca...

Thursday, January 08, 2009

Markets and Inequality: What Goes Up Must Come Down?

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In our October’s Spreading the Wealth? Market IS Doing It! we averred that falling markets have been reducing the net worth of the richest....

Tuesday, October 28, 2008

Spreading the Wealth? Market IS Doing It!

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At almost every election period candidates almost always raise the issue of income inequality as one of their top drawing crowd agenda. And...

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