Creating Wealth

Thoughts on a Free Market Economy…

“Creating Wealth”

By Phyllis Hunsinger

 

       Sometimes a phrase about economics is bantered about: “The rich are getting richer, and the poor are getting poorer.”  As Chelsea German pointed out in her article on “The Fixed Pie Fallacy,” the rich are getting richer, but the poor are getting richer as well. Not only has the income improved for the poorer segment of society, the purchasing power has increased because of falling prices.  Technology has become cheaper and so have many …

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