The media is running with Oxfam’s annual ‘shocking’ statistic on wealth. This year “the richest 62 people have the same … Continue reading “Oxfam’s global inequality statistics: don’t believe the anti-capitalist hype”

Global capitalism has eradicated poverty and generated prosperity in the developing world at an unprecedented rate. You might imagine that … Continue reading “Beware Oxfam’s dodgy statistics on wealth inequality”

Even in its current shackled and constrained form, modern capitalism still has a lot to show for it. One of … Continue reading “Freeing the poor from the cost of environmentalism”

When New Labour came to power, one in five children lived in a household with no adult in work, so … Continue reading “Childcare: how to price the poor out of the market, and then subsidise them back in again”

Imagine there was a Food Tax which had the effect of raising food prices by, say, 17% on average. The … Continue reading “Abolish the CAP, let food prices tumble”

Anyone who has ever read half a page in a Public Choice textbook will, if nothing else, at least have … Continue reading “The poverty lobby: single-issuers whose single issue is no longer relevant”