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  Matt Ridley (5 th Viscount Ridley) is a native of UK. He studied Zoology at Magdalen College, Oxford and was awarded his PhD at Oxford University. Currently, Ridley is a fellow of the Royal Society of Literature, the Academy of Medical Sciences, and a foreign honorary member of the American Academy of Arts and […]

  Philipp Bagus (ES/D) is a native of Germany. He earned his M.A. at the University of Münster (D) and his Ph.D. in economics at the Universidad Rey Juan Carlos in Madrid (ES). Currently he works as Prof. of Economics at the Universidad Rey Juan Carlos. Prof. Bagus’ specializes in Austrian Economics with a focus […]

Are the Poor getting poorer because the Rich are getting richer? Abdulganiyy Olanrewaju   ABSTRACT Public debates about inequality often rest on an intuitive but flawed assumption: that wealth in society resembles a fixed pie. From this view, when the rich gain, the poor must inevitably lose. Yet economic history, empirical evidence, and the logic […]

Why free markets do not impoverish the poor Valeria Lucia Rios Sánchez Abstract The following essay analyzes one of the most controversial debates: the idea that the rich become richer at the expense of the poor. Drawing on the contributions of Ludwig von Mises, Friedrich Hayek, and Israel Kirzner, the essay refutes this notion by […]

Who exploits whom? Spain’s welfare state and the return of zero-sum politics Andrés Ruiz Benito ABSTRACT Public debate increasingly frames inequality as a zero-sum process: “the poor get poorer because the rich get richer”. Proper economic theory rejects this inference for competitive markets, where voluntary exchange and entrepreneurship can expand output and allow gains to […]