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Friday, October 28, 2011

Richard Epstein: The Income Inequality Myth

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Comments

It's like the cliffs notes version of Ayn Rand.

Posted by: Anon | Oct 28, 2011 4:47:14 PM

Most of Epstein's arguments are valid and defensible. His estate tax argument, however, is strained.

Posted by: Steve | Oct 29, 2011 6:20:09 PM

Epstein's arguments are obnoxiously conclusory and intellectually dishonest. Disgraceful.

Posted by: anon | Oct 30, 2011 1:23:36 AM

Though I think most of this is rehashed 1980's Reaganomics, I do think he brought up one very valid point: raising taxes by no means correlates to increased equality of incomes. I think people take for granted the idea that a 90% top marginal tax rate somehow means the bottom 20% will be better off.

Posted by: Anon | Oct 30, 2011 3:46:20 AM