Tag : economic growth

Written on Jul, 04, 2020 by in | Leave a comment

Simple arithmetic reveals that reallocating the existing world income cannot eliminate world poverty. In Misallocated Pie, when everyone gets an equal slice, everyone gets enough. In the real world, allocating equal slices means no one gets enough. We cannot end world poverty without significant widespread economic growth.  https://200proofliberals.blogspot.com/2020/07/the-necessity-of-economic-growth-why.html

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