Monday, April 28, 2014

Trying to "solve" the "problem" of inequality is like trying to nail Jell-o to the wall

Ben Domenech at The Federalist on why focusing on inequality is a silly distraction from life's real concerns:


If you’re not an economist, you may know inequality of outcome by another term: life. In any society, what you earn over the course of your life is unequal to others and ought to be unequal to others because you are not others, you are you. Your earnings will be unequal to that of others, because you are a different person with different skills and different work ethic and different priorities. In a free society, these earnings will be largely due to your own knowledge, your own work ethic, and the quality of what you produce. In an unfree society, it will be due to who you know.

Read the whole thing.

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