Income Inequality

Eat the Rich? Au Contraire. Here’s Why We Need Them

Inside a recent analysis of Jill Abramson’s firing from the New York Times, Jacob Bacharach reveals a serious misunderstanding of how economies work. There are certainly lots of good reasons to care about income inequality. However, failing to understand the utility of high incomes leads to uninformed, knee-jerk “eat the rich” policies. In practice, these laws and … [Read more…]

Republicans Need to Get to Know Their Enemies on Income Inequality

“Know thine enemy.” Uttered most famously a millennia and a half ago by famed warrior/philosopher Sun Tzu, the advice holds up well, even, and especially, when the battles are ideological. So what is the thinking behind the right’s utter refusal to actually engage with the left’s actual position on inequality? The Federalist’s Ben Domenech wants us to know that … [Read more…]