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Analysis • Article • EN

Causes of wealth and poverty

Government distortions, confiscation, and perverse incentives choke wealth and entrench poverty.

Source: Adam Smith Institute · Author: Madsen Pirie

Published: September 10, 2026

Causes of wealth and poverty

Classical liberalism

Economy

Institutions

Tax

Welfare State

URL: https://www.adamsmith.org/blog/causes-of-wealth-and-povertyLast edited: September 13, 2026