In his bi-weekly column for The Times, IEA Director General, Mark Littlewood, discussed the need for people to focus on the success the world has had in lifting people out of poverty, arguing that an unhealthy obsession with the inequality gap between the rich and the poor ignores the great improvements capitalism has made to living conditions.

Mark said: “Inequality is not merely misunderstood — the trajectory certainly is to a more, not less, equal world. It is also probably not the right target. It has led to an obsession with the affluence of the wealthiest rather than a focus on the plight of the poorest. If we do care only about the size of the gap, we can take comfort from it shrinking. We would be better advised, though, to work out what medicine has led to the economic global miracle of the past few decades and prescribe more of it“.

Read the full article here.