1. Free markets are often far less free than we think; the thumb is often on the scale, and it is often an unholy alliance between government and an industry that benefits.
2. The "Kludgeocracy" article this guy wrote (and that he mentions) is a meisterwerk also.
"...greater inequality is often the price of economic growth..." This is a lie, and as CW said, if that's the case then a closer look will reveal some government collusion. This is the lie the left have perpetrated on America for decades. Consider, from 1970 to 1980 the Forbes 400 remained 80% constant. From 1980 to 1990 20%. Progressive policies entrench wealth and privilege, not the other way around.
1. Free markets are often far less free than we think; the thumb is often on the scale, and it is often an unholy alliance between government and an industry that benefits.
ReplyDelete2. The "Kludgeocracy" article this guy wrote (and that he mentions) is a meisterwerk also.
"...greater inequality is often the price of economic growth..."
ReplyDeleteThis is a lie, and as CW said, if that's the case then a closer look will reveal some government collusion. This is the lie the left have perpetrated on America for decades.
Consider, from 1970 to 1980 the Forbes 400 remained 80% constant. From 1980 to 1990 20%. Progressive policies entrench wealth and privilege, not the other way around.