The Inequality We Should Worry About | Policy Stories
Автор: PolicyEd
Загружено: 2021-04-06
Просмотров: 470677
Both good and bad income inequality exist. Good inequality comes from entrepreneurial innovation that improves the lives of consumers, even if the inventor gets wealthy. On the other hand, using political muscle to get rich leads to bad inequality, as it comes at the expense of consumers. It is vital to have government policies that can distinguish between good and bad inequality to increase innovation, strengthen the economy, and ultimately give people more incentive to innovate.
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Additional Resources:
“Income Inequality Isn’t the Problem” by David Henderson. Available here: https://hvr.co/3fdls2O
David Henderson gives a speech titled "Economic Inequality: Popular Misconceptions and Important Facts." Available here: https://bit.ly/3vVXtuX
Read “Do the Rich Get All the Gains from Economic Growth?” by Russ Roberts. Available here: https://bit.ly/31oxdeA
Watch “The Challenge of Inequality” by Russ Roberts. Available here: https://bit.ly/3lNdnD4
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