For four decades, mainstream economists have slammed the door on the idea that the US government might intervene to manage the prices of certain goods. But this reactionary mindset has no sound basis, and today’s […]

Here is another case of “Lies, damned lies, and statistics”. A constant Gini coefficient (a statistical representation of the income or wealth distribution of a nation’s populace) does not necessarily mean poverty is not increasing, nor […]

For all its economic growth, income inequality and poverty are top election issues as Lithuanians vote on Sunday for a new president in round one of a tight race in the Baltic eurozone state. Read […]