@yaronbrook great quote on poverty and inequality

I find myself more and more drawn to the ideas exposed by Yaron Brook, Executive Directory of The Ayn Rand Institute.

Yaron has a great show and podcast which can be found online at BlogTalkRadio. It is very much worth listening to if you want to hear a different point of view, that of someone very distant from both the conservative and liberal trite nonsense we keep hearing all the time. And I am not even counting the populists things that both Sanders and Trump keep telling over and over during this very painful campaign for the 2016 US Presidential elections, coming up in only 7 and a half months.

Yaron and his colleague Don Watkins, also working at the Ayn Rand Institute, are about to release a book I very much look forward to reading, titled “Equal Is Unfair: America’s Misguided Fight Against Income Inequality”, so as one can imagine his views are pretty clear on the fact that the inequality paranoia always put forward by the leftist does not resonate much at all with Brook and Watkins.

Yaron Brook was recently a guest on a panel at the 2016 National Student Symposium on Friday, February 26, 2016, at the University of Virginia School of Law. Out of the many things he said during the event, this statement of his, less than one minute in length, is very much worth listening to:

I think it’s worth nothing, maybe this is the most underreported story of the last 30 years, over the last 30 years, 1 billion people have come out of poverty according to the United Nations, not an organization I usually cite for statistics, 1 billion people around the world have come out of poverty, 1 billion people. We should be dancing in the streets instead of complaining about inequality. The reason nobody celebrates this is because not one of those 1 billion people came out of poverty because of government programs. They are out of poverty because of capitalism in places like India and to the extent that China has adopted it, in Taiwan, and South Korea. And that’s something, global inequality is actually shrinking because other countries are adopting the free market.

I totally, completely share the view exposed so clearly by Yaron Brook here.

2 thoughts on “@yaronbrook great quote on poverty and inequality”

Leave a Reply