{"id":8268,"date":"2013-08-12T20:33:28","date_gmt":"2013-08-13T00:33:28","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=8268"},"modified":"2013-08-12T20:33:28","modified_gmt":"2013-08-13T00:33:28","slug":"only-capitalism-can-end-poverty-cato-liberty","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/08\/12\/only-capitalism-can-end-poverty-cato-liberty\/","title":{"rendered":"Only Capitalism Can End Poverty | Cato @ Liberty"},"content":{"rendered":"<p>Marian L. Tupy argues that free enterprise is the best cure for poverty:<\/p>\n<blockquote>\n<p>According to the World Bank, global poverty is declining rapidly. In 1981, 70 percent of people in poor countries lived on less than $2 a day, while 42 percent survived on less than $1 a day. Today, 43 percent live on less than $2 a day, while 14 percent survive on less than $1. \u201cPoverty reduction of this magnitude is unparalleled in history,\u201d wrote Brookings Institution researchers Laurence Chandy and Geoffrey Gertz in a recent paper. \u201cNever before have so many people been lifted out of poverty over such a brief period of time.\u201d<\/p>\n<\/blockquote>\n<p>Read more at <a href='http:\/\/www.cato.org\/blog\/bono-only-capitalism-can-end-poverty?utm_source=buffer&#038;utm_campaign=Buffer&#038;utm_content=bufferbf76d&#038;utm_medium=twitter'>Bono: Only Capitalism Can End Poverty | Cato @ Liberty<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marian L. Tupy argues that free enterprise is the best cure for poverty: According to the World Bank, global poverty is declining rapidly. In 1981, 70 percent of people in poor countries lived on less than $2 a day, while 42 percent survived on less than $1 a day. Today, 43 percent live on less &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/08\/12\/only-capitalism-can-end-poverty-cato-liberty\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Only Capitalism Can End Poverty | Cato @ Liberty&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[29],"tags":[1464,2728],"class_list":["post-8268","post","type-post","status-publish","format-standard","hentry","category-the-big-picture","tag-free-enterprise","tag-poverty"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Only Capitalism Can End Poverty | Cato @ Liberty - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Only Capitalism Can End Poverty | Cato @ Liberty - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Marian L. Tupy argues that free enterprise is the best cure for poverty: According to the World Bank, global poverty is declining rapidly. In 1981, 70 percent of people in poor countries lived on less than $2 a day, while 42 percent survived on less than $1 a day. 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Tupy argues that free enterprise is the best cure for poverty: According to the World Bank, global poverty is declining rapidly. In 1981, 70 percent of people in poor countries lived on less than $2 a day, while 42 percent survived on less than $1 a day. 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If the GOP believe they lost the election because of race, they are destined to\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9879,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/05\/24\/piketty-problems-top-1-shares-of-income-and-wealth-are-nothing-like-1917-28-cato-liberty\/","url_meta":{"origin":8268,"position":1},"title":"Piketty Problems: Top 1% Shares of Income and Wealth Are Nothing Like 1917- 28 | Cato @ Liberty","author":"ColinTwiggs","date":"May 24, 2014","format":false,"excerpt":"From Alan Reynolds: First of all, the Piketty and Saez estimates do not show top 1 percent income shares nearly as high as those of 1916 or 1928 once we use the same measure of total income for both prewar and postwar data.Second, contrary to Summers, there is no data\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10688,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/23\/why-cutting-down-jail-time-is-key-to-fighting-poverty-billmoyers-com\/","url_meta":{"origin":8268,"position":2},"title":"Why Cutting Down Jail Time is Key to Fighting Poverty | BillMoyers.com","author":"ColinTwiggs","date":"August 23, 2014","format":false,"excerpt":"Julian Adler discusses alternative sentencing: Any time spent behind bars is harmful to individuals, families and communities. In many cases, the use of jail makes society less safe: studies have consistently found that incarceration does not deter re-offending, with some research indicating that it actually increases the odds of recidivism.\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5872,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/28\/the-real-solution-to-poverty-j-o-b-s-cis\/","url_meta":{"origin":8268,"position":3},"title":"The real solution to poverty: JOBS &#124; CIS","author":"Colin Twiggs","date":"October 28, 2012","format":false,"excerpt":"By Andrew Baker and Peter Saunders: There are two ways to reduce \u201cpoverty\u201d: increase the value of welfare benefits faster than the value of wages, or move substantial numbers of people off welfare and into full-time jobs. Anti-poverty campaigners invariably emphasise the first option and neglect the second, but the\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6202,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/16\/us-poverty-rates\/","url_meta":{"origin":8268,"position":4},"title":"US: Poverty rates","author":"Colin Twiggs","date":"November 16, 2012","format":false,"excerpt":"From the US Department of Health & Human Services: I suspect that most US voters are concerned about poverty (don't believe everything you are told during an election) but where they differ is on how to address the issue. The view from the left is to raise taxes on the\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8197,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/08\/04\/sprawl-does-not-reduce-economic-mobility-cato-liberty\/","url_meta":{"origin":8268,"position":5},"title":"Sprawl Does Not Reduce Economic Mobility | Cato @ Liberty","author":"ColinTwiggs","date":"August 4, 2013","format":false,"excerpt":"Randal O'Toole writes that economic mobility is unrelated to urban sprawl as suggested by Paul Krugman: The Equality of Opportunity Project found that economic mobility is low throughout the South (except Texas), not just in Atlanta. But the differences in the unit measured -- the percentage of children in the\u2026","rel":"","context":"In &quot;The Big Picture&quot;","block_context":{"text":"The Big Picture","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/the-big-picture\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/8268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=8268"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/8268\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=8268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=8268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=8268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}