are pretty upset about the widening gap between the top and the bottom of the economic heap

in the United States. But inequality is a global issue, too, and

globally, something fascinating has occurred. Over the last 20 years, income inequality

worldwide actually has been falling. Recent economic growth in India, China, and other

developing countries has driven a historic period of wealth creation. Billions of people

who otherwise would live in poverty are now far better off. The globalization that many

say contributes to inequality in the US has had the opposite effect on a global scale,

bringing unprecedented levels of prosperity. As we grapple with income inequality in the

US, we should be careful not to destroy the engines of prosperity that have improved the

lives of billions. Globalization, free trade, and other foundations of the global economy

have been and can continue to be the greatest equalizers the planet ever has seen. Learn

more about income inequality with Learn Liberty Academy.