Archive for February 4th, 2010
Guard Labor: Why is Inequality Bad?
Thursday, February 4th, 2010Inequality is a hot topic these days. But why is inequality undesirable? Does it just violate commonly held ideals like fairness and equality. Or, does it do more and actually shrink the economic pie? Economist Sam Bowles argues the latter. The following article describes Bowles’ beef with inequality. (HT Marginal Revolution). Bowles offers a key […]