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This is the Cato Daily Podcast for Friday, December 7th, 2018.

I'm Kila Brown.

For decades, the United States has followed a familiar pattern when it came to alleviating poverty, more government

programs spending ever larger sums of money. In his new book The Inclusive Economy,

Cato Senior Fellow Michael Tanner provides a detailed roadmap of a new anti-poverty policy.

The book is available now.

I think the traditional viewpoint on libertarians and poverty is that libertarians are indifferent at best and outright

hostile to the poor at worst but that doesn't really reflect

libertarian policies. The fact is that our proposals in many

cases are the best things that could happen to low-income individuals. We can free

them up in order to be full participants in a growing economy and that will

live far more people out of poverty than government programs.

The problem has largely been in terms of our rhetoric, which has been sort of poor blaming or poor

shaming and this book attempts to correct that.

Give me a sense of where this in a sense dead capital, dead human capital is just left lying there unable to express

itself and earn returns for the people who possess it?

...