"David Boaz, executive vice president of the Cato Institute, took the discussion to a deeper level.
"Instead of asking, 'What should we do about people who are poor in a rich country?' The first question is, 'Why is this a rich country?' ...
"Five hundred years ago, there weren't rich countries in the world. There are rich countries now because part of the world is following basically libertarian rules: private property, free markets, individualism."
Boaz makes an important distinction between equality and absolute living standards.
"The most important way that people get out of poverty is economic growth that free markets allow. The second-most important way -- maybe it's the first -- is family. There are lots of income transfers within families. Third would be self-help and mutual-aid organizations. This was very big before the rise of the welfare state.""
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