Focus on growing the pie rather than redistributing it.

Why would they want to “deter” high levels of income?

Leftists are deluding themselves if they think more inequality propaganda will sway voters in favor of redistribution.

Why some people worry about inequality and what we can do about it.

OECD: Fighting for big government and redistribution with your tax dollars.

Our leftist friends have decided that income inequality is a scourge that must be addressed. That might be a noble goal if they were motivated by a desire to improve the lives of the less fortunate. Based on their policy proposals, though, it appears that the main goal is to punish the so-called rich. And they’re so fixated […]

There’s a new book by French economist Thomas Piketty, called “Capital in the Twenty-First Century,”  that supposedly identifies the Achilles’ Heel of the market economy. Piketty argues that the rate of return to capital is higher than the economy-wide growth rate and that this will lead to untenable inequality as the rich grab a larger […]

Thomas Picketty has received a lot of attention for his attack on capitalism. His new book Capital in the Twenty-first Century has breathed new life into old Marxist critiques of capitalism, and been elevated to the status of very important book by the designated smart people™ who make it their business to decide what is important […]

The political left obviously hopes that it can score political points by pitching some Americans against others with a campaign based on income inequality and class warfare taxation. Is there any merit to this approach? Are the less fortunate suffering because some are succeeding? And would more government alleviate this problem, to the extent it actually […]

If you want to know why the left is wrong about income inequality, you need to watch this Margaret Thatcher video. In just a few minutes, the “Iron Lady” explains how some – perhaps most – statists would be willing to reduce income for the poor if they could impose even greater damage on the rich. […]