Most of the improvement in the living standards of the poorest members of society over a century or two comes from the growth and broad availability of production, not from forced redistribution; even equally dividing the entire output of the 19th-century economy (assuming no incentive effects) would leave everyone poor by modern standards.

causalpending

Speaker

Bryan Caplan

Evidence Quote

even ignoring all ... that economy ... the typical person would still be incredibly poor by modern standards

Source

Bryan Caplan on The Myth of the Rational Voter 6/25/2007EconTalk
Created: 6/15/2026, 9:20:37 AM

My Notes

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