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Steps to creating a prosperous society

Sunday, January 16th, 2011

16 January 2011
Scholars such as Maddison and others who study human progress find that open trade, entrepreneurs, secure property rights, toleration, moderate taxation and limited and predictable government go a long way to helping everyone prosper in a variety of ways. Such ingredients also provide the revenues necessary for governments to carry out essential functions. But you’d never know such factors matter from reading Linda McQuaig and Neil Brooks’ recent column, where they took issue with my characterization of their new book as a rhetorical call to envy instead of a sensible tract on poverty reduction. They argue the gap between the super-wealthy and the rest of us causes higher infant mortality, more crime and other maladies.

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