Economics

Center on Wealth & Poverty

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Homeless in San Francisco sheltering in place during the COVID-19 pandemic
Photo licensed via Adobe Stock

Do Homeless Lives Matter? Nine Fatal Minutes, Two Years Later

Today’s police are trained not to take chances, said one retired SFPD who was on the force for 30 years: “Officers are now primarily reactive; there is very little of the self-initiated activity that was once common, appropriate and encouraged. They have become risk-averse, disinclined to go hands-on with suspects. This is a factor in the bigger picture of what is going on in American policing.” Read More ›
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Man standing on street is collecting money for charity and holds jar with coins.
Photo licensed via Adobe Stock

Learning From History

In helping the homeless we should be both generous and discerning. If we only provide material help in a way that enables addiction and overlooks mental illness, our generosity may be selfishness that gives ourselves a warm glow but hurts others. Read More ›
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Broken Down at the First Ave Bridge in Seattle

The view from high above the First Avenue Bridge is breathtaking, with downtown Seattle on the horizon. But as you get closer to the ground, it looks like a third world country below. Surrounded by fencing and barbed wire, this plot of land is arguably one of the most problematic homeless encampments in the city. Read More ›
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old man beggar begging you for help sitting at dirty slum. concept for poverty or hunger people,human rights,donate and charity for underprivileged children in third world
old man beggar begging you for help sitting at dirty slum. concept for poverty or hunger people,human rights,donate and charity for underprivileged children in third world

What Does Real Compassion for the Homeless Look Like?

Discovery Institute’s Fix Homelessness initiative offers a path forward for policymakers, the public, and those who recognize that the failed policies of the past are doomed to fail in the future. Here we focus on the true causes of the crisis. And, importantly, we focus on the inherent dignity of those suffering while offering solutions that help them realize their full potential as human beings. Read More ›
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California’s Epic Homeless Nightmare

What’s the matter with California? “It’s suffering from San Fransickness,” which is “pathological altruism,” answers Michael Shellenberger, author of the book “San Fransicko: Why Progressives Ruin Cities.” Read More ›
Elon Musk
U.S. AIR FORCE ACADEMY, Colo. -- Tesla Inc. Chief Executive Officer Elon Musk speaks with Lt. Gen. Richard Clark, Superintendent of the U.S. Air Force Academy, during the Ira C. Eaker Distinguished Speaker Presentation in the Academy's Arnold Hall on April 7, 2022 in Colorado Springs, Colo. (U.S. Air Force photo by Trevor cokley)

Elon Musk Gets an A in Econ. Janet Yellen Gets a D-

Elon Musk and Julian Simon are right. Janet Yellen and Thanos are wrong. More human beings create much more wealth for all of us to enjoy, if given the freedom to innovate by learning and discovering new valuable knowledge to share in free markets. Invest in people. We pay the highest dividends. Read More ›