(I originally posted this piece on my Patreon page.)
The right would like us to believe that the inequality we see in the United States, and increasingly in other countries, is a natural outcome of market processes. Unfortunately, many on the left seem to largely share this view, with the proviso that they would like the government to alter market outcomes, either with tax and transfer policy, or with interventions like a higher minimum wage.
While redistributive tax and transfer policies are...
Published on November 16, 2018 04:31