Few People Stay Poor

Jason Clemens, director of research at the Macdonald-Laurier Institute in Ottawa, Canada, and a Mackinac Center adjunct scholar, explains in this commentary that Occupy Wall Street protesters “offer policies that assume the people who face low income today are the same ones who encounter it tomorrow,” and fail to recognize the income mobility that exists in a free society. The piece appeared in the Financial Post on May 1, 2012, and is based on Clemens’s recent paper titled “Income Inequality: Oversimplifying a Complicated Issue.”

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