Lessons from the Trump Administration: Policy Not Technology Redistributes Upward

It's popular among economists and policy types to wisely note that technology is leading the rich to get richer. Many of them consider this unfortunate, but hey, should be Luddites and try to stop technology.

This is of course silly propaganda, but it passed for sophisticated thinking in policy circles. It is not technology, but our policy around it, like patent and copyright protection, that redistributes income upward. We got yet another lesson along these lines in a NYT article reporting t...