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Opinion

The ‘Debate’ Over Global Poverty Continues

The ‘Debate’ Over Global Poverty Continues
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Commentary

The new “Global Justice Report” by the World Inequality Lab in France—which calls for caps on economic growth in rich countries, top income-tax rates of 90 percent and a World Sovereign Fund to redistribute wealth to the Global South—has reignited one of the oldest debates in economics: How do we actually lift people out of poverty?

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Veronique de Rugy
Veronique de Rugy
Author
Veronique de Rugy, Ph.D., is a senior research fellow at the Mercatus Center at George Mason University. She has testified numerous times in front of Congress on the effects of fiscal stimulus, debt, deficits, and regulation on the economy. Previously, de Rugy has been a resident fellow at the American Enterprise Institute, a policy analyst at the Cato Institute, and a research fellow at the Atlas Economic Research Foundation.