Tag: income inequality

Income Inequality, Faulty Reasoning, & Bad Policy

  

We’re hearing a lot of talk again lately about income inequality. President Obama, in what I believe is an attempt to take the focus off the failure of his signature healthcare law, has come out swinging against those who succeed too much. The impression he wishes to leave is that the reason some are doing poorly is because others are too successful. This is an old ploy. It goes back to Karl Marx, at least, who theorized that the rich… Read more »

Economic Freedom & the Culture of Work

  

Those of us at Southeastern University had a wonderful opportunity yesterday to hear from Mr. David Azerrad, Associate Director of the B. Kenneth Simon Center for Principles and Politics, a research arm of Washington, D.C.’s Heritage Foundation, one of the key public policy think tanks in the nation. Mr. Azerrad spoke on the topic “Defending the Dream: Why Income Inequality Doesn’t Threaten Opportunity.” It was an excellent presentation of the contrasting concepts of the American Dream as seen from both… Read more »