A recent headline in the Guardian calls for an economic reckoning: “We economists have done the maths: ‘growth’ is a doomed strategy.”

More than 350 signatories, including economists Joseph Stiglitz, Thomas Piketty, Kate Raworth, and anthropologist Jason Hickel, have endorsed an over 100-page “Roadmap for Eradicating Poverty Beyond Growth” that provides a path to end extreme poverty — not by growing the economic pie, but through a global redistribution. While an admirable goal, the analysis is severely misguided and proposes policies that will hurt the poor.