Tuesday, April 26, 2016

On the Nature of Poverty

[F]rom page 115 of Robert Higgs’s Summer 1998 Independent Review article, “Official Economic Statistics: The Emperor’s Clothes Are Dirty” as it is reprinted in the superb 2004 collection of some of Bob’s essays, Against Leviathan:
Above a certain absolute income level, “poverty” becomes less a definite condition than a staging area from which armies of redistributionists launch their attacks on higher-income people.

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