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Equality. Who needs it?
Thursday, January 12th, 2012
Jan 11, 2012
Poverty, of course, is a bad thing. But is inequality? After all, if we doubled everyone’s income tomorrow, we would eliminate an enormous amount of economic hardship. Yet, inequality would actually increase… we need people who are ambitious, skilled risk-takers. We need people to be ever striving for more. That means that they must be rewarded for their efforts, their skills, their ambitions, and their risks. Such rewards inevitably lead to greater inequality.
Tags: economy, ideology, poverty, rights, standard of living, tax
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