Inequality

We Should Want More Billionaires Not Less

We Should Want More Billionaires Not Less

Economic prosperity is not achieved by taxing the “rich”—such as the plans to wipe out billionaires—and giving some of their wealth to those who have been less productive and therefore have less wealth.

The Left’s Battle Against ‘Inequality’

The Left’s Battle Against ‘Inequality’

In his book "Discrimination and Disparities," economist Thomas Sowell notes that a disproportionate percentage of first-born siblings become National Merit scholars compared to siblings born later, presumably because the first-born starts life with...

Capitalism: Capital and Wages (3 of 3)

Capitalism: Capital and Wages (3 of 3)

The capitalist system was termed “capitalism” not by a friend of the system, but by an individual who considered it to be the worst of all historical systems, the greatest evil that had ever befallen mankind. That man was Karl Marx.

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