Ben Southwood’s comments on growth and redistribution feature in a BBC News article

Ben Southwood, Head of Research at the Adam Smith Institute, was quoted in a BBC News article on the importance of growth, competitiveness and redistribution:

We can achieve economic growth and equality in an economic strategy, but we have to be very careful about what measures we use.

It does seem that the poorer counties in the world are unequal, whereas the richer countries are more unequal. That doesn’t necessarily mean that reducing inequality lets you get richer.

In fact what we tend to see is first you grow very fast, become more unequal, and then you carry on growing and everybody else catches up.

Redistributing wealth is very important for alleviating poverty but in the long run it has barely lifted anyone out of poverty, compared to the amount economic growth has lifted people out of poverty.

Economic growth has lifted billions of people around the world out of poverty, redistribution has lifted millions of people out of poverty. Redistribution is important but it isn’t nearly as important as growth and we should always be focusing on growth.

Read the full article here.

The Financial Times reviews Dr Madsen Pirie’s upcoming book “How To Win Every Argument”

The Financial Times gave a glowing review of Dr Madsen Pirie’s upcoming book “How To Win Every Argument: The Use And Abuse of Logic“, soon to be released.

All this is not only entertaining: it is genuinely useful when it comes to thinking about how arguments work. Mr Pirie’s contention is that, if you master the fallacies, you are not only better equipped to expose them in your opponents’ arguments, but will be able yourself “to perpetrate fallacies with mischief at heart and malice aforethought”. This is a low and sneaky tactic but an undoubtedly effective one.

Mr Pirie adds: “It is well worth the reader’s trouble to learn the Latin tags wherever possible. When an opponent is accused of perpetrating something with a Latin name it sounds as if he is suffering from a rare tropical disease. It has the added effect of making the accuser seem both erudite and authoritative.”

Read the full review here.