The Cause and Effect Podcast

How Economic Freedom Affects The Poor | The Cause and Effect Ep #6


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π–π‘πšπ­ 𝐝𝐨𝐞𝐬 π„πœπ¨π§π¨π¦π’πœ π…π«πžπžππ¨π¦ 𝐫𝐞𝐚π₯π₯𝐲 𝐝𝐨 𝐟𝐨𝐫 𝐩𝐞𝐨𝐩π₯𝐞?

In this new episode of The Cause and Effect, I talked with Justin Callais about one of the most fundamental β€” and often misunderstood β€” questions in economics:

🌎 Does economic freedom make everyone better off, or only the rich? Justin’s research dives into the relationship between economic freedom, income levels, and inequality. He explores whether reforms like lowering regulations, improving property rights, and expanding free trade actually help the poor or simply increase the gap between rich and poor.

πŸ”Ž We discussed:

βœ… What β€œeconomic freedom” really means (it’s not just free markets for the sake of it!),

βœ… Why some countries are rich and others stay poor

βœ… Whether economic freedom increases inequality

βœ… How reforms affect the poor, middle class, and the rich

βœ… Why countries like Brazil might desperately need these reforms

Justin shares compelling evidence that economic freedom lifts incomes across the entire income distribution β€” and surprisingly, doesn’t increase inequality. Everyone gains, and in some cases, the poorest benefit even more.

If you’ve ever wondered whether there’s a trade-off between economic growth and fairness, this is an episode for you.

πŸ“Ί Watch the full episode on YouTube: https://youtu.be/m2fZQ2pr6dUπŸ“ Read more on our Substack:https://substack.com/@thecauseandeffect🎧 Subscribe and follow for weekly episodes connecting economic research to real-world problemsβ€”without the jargon.

#EconomicFreedom #Economics #Podcast #Inequality #Growth #PublicPolicy #Development #JustinCallais #TheCauseAndEffect #Liberty #EconomicGrowth #IncomeInequality #EconomicPolicy #SocialMobility #FreeMarkets

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The Cause and Effect PodcastBy The Cause and Effect Podcast by Vitor Melo