Les Andrews

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Such data are also relevant to the oft-repeated claim that “the system is rigged” by the wealthy. That claim certainly fits the prevailing social vision. But if the question is whether it also fits the facts, then it can be tested like any other hypothesis. In light of these data, if the top 400 income recipients in the United States rigged the system, and 71 percent of the people in the “top 400” are in that category just one time during a period of more than two decades, why would anyone rig the system in such a way that they themselves would be unlikely to remain in the topmost income ...more
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Discrimination and Dis...
 
by
Thomas Sowell
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