Economics, Social Justice

New Op-Ed on the War on Poverty

I have an op-ed today at WSJ’s “Marketwatch” site that jumps in on the discussion of the War on Poverty.  I make two arguments:

1.  The War on Poverty has largely been won, thanks to the forces of market innovation.  The US poor live, on average, better than the average US household did in the early 1970s.

2.  The best way to address the lingering pockets of persistent poverty is to get government out of the way by ending minimum wage/licensing regulations, opening up the public schools to competition, and ending the War on Drugs.  I don’t use this phrase, but it’s a BHL anti-poverty program.

PS:  the comments are a very depressing window into the state of “political discourse” these days.

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