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Far too often we get it backwards. We think that inequality can only be solved by bringing down the rich. But this is wrong. The way to decrease poverty is to increase wealth. We should be focused on creating wealth.
Article referenced: https://mises.org/power-market/economics-101-more-wealth-means-less-poverty-0
By Keith Strahan and Remington TonarFar too often we get it backwards. We think that inequality can only be solved by bringing down the rich. But this is wrong. The way to decrease poverty is to increase wealth. We should be focused on creating wealth.
Article referenced: https://mises.org/power-market/economics-101-more-wealth-means-less-poverty-0