Tag: inequality
Il Male della Disuguaglianza
Di Gary Chartier. Originale pubblicato il 22 gennaio 2016 con il titolo What’s Wrong with Inequality? Traduzione di Enrico Sanna. A credere ai cosiddetti esperti, sembra quasi che tutto quest’odio verso la disuguaglianza sia frutto dell’invidia e di una certa ignoranza sul funzionamento dell’economia. Una ragione in più per non credere ai cosiddetti esperti. Il…
Troppo, Troppo Pochi, Troppo in Fretta
Di Kevin Carson. Originale pubblicato il 5 marzo 2017 con il titolo Wealth is Concentrating Too Fast to Keep Up. Traduzione di Enrico Sanna. Ricordate il rapporto Oxfam dell’anno scorso secondo cui sessantadue persone possedevano una ricchezza equivalente a tutti i poveri messi assieme? Ora sono sei (!): Bill Gates, Warren Buffett, Jeff Bezos, Amancio…
Wealth is Concentrating Too Fast to Keep Up
Remember the Oxfam report early last year that found sixty-two individuals owned as much wealth as the entire bottom half of humanity put together? It’s gone down to only six — that’s right, six — in the past year: Bill Gates, Warren Buffett, Jeff Bezos, Amancio Ortega, Mark Zuckerberg, and Carlos Slim Helu. The total wealth held…
How Billionaires are “Made”
In a Washington Post article (“What rich countries get wrong about poverty,” March 28), Ana Swanson summarizes an argument by Caroline Freund, senior fellow at the Peterson Institute for International Economics, as follows: “Blaming the super-rich for global poverty would be a mistake.” In fact it might reflect an erroneous “First World mindset.” (Note: I…
The Libertarian Road to Egalitarianism on Feed 44
C4SS Feed 44 presents David S. D’Amato‘s “The Libertarian Road to Egalitarianism” read by James Tuttle and edited by Nick Ford. But we needn’t regard inequality as a weak point in our arguments for economic freedom, or as an issue on which we simply cannot win. Existing economic relations are not the product of freedom…
What’s Wrong with Inequality?
If you believed the talking heads, you might think concern with inequality in our society was just a product of envy and economic ignorance. That’s another reason not to believe the talking heads. The fact that someone has more wealth than I do doesn’t injure me or make me worse off. And the economy isn’t…
Inequality Isn’t Something That Just “Happens”
A think piece by Walter Frick at Harvard Business Review (“Understanding the Debate Over Inequality, Skills, and the Rise of the 1%,” Dec. 21) draws a line in the inequality debate between those (mostly CEOs and other corporate apologists) who see it as resulting from a mismatch between the supply and demand for certain skills,…
How Not to Promote Economic Equality
At the Washington Post, Max Ehrenfreund argues (“Hillary Clinton’s top goal as president could be effectively impossible to achieve,” July 20) that Hillary Clinton may be hampered in her stated goal of raising middle class incomes and reducing economic inequality by factors beyond her control. These factors include forces such as “technological automation and globalization,”…
Toxic Waste and Inequality Are Good for You on Feed 44
C4SS Feed 44 presents Kevin Carson‘s “Toxic Waste and Inequality Are Good for You” read by Mike Godzina and edited by Nick Ford. After making the arguments above, Pagels slips and reveals the real source of his primary concern: “Most income inequality reports focus only on the most negative interpretation of the data, creating a narrative that the…
Individualism and Inequality on Feed 44
C4SS Feed 44 presents “Individualism and Inequality” from the book Markets Not Capitalism, written by Joe Peacott, read by Stephanie Murphy and edited by Nick Ford. The differences in wealth that arise in an individualist community would likely be relatively small. Without the ability to profit from the labor of others, generate interest from providing credit, or extort rent…
Toxic Waste and Inequality are Good for You
To paraphrase Homer Simpson, Reason is the only magazine with the guts to tell it like it is — that everything is just fine. This time Jim Pagels (“Misleading Inequality Report Is Nothing to Fear,” January 22) reassures us that inequality’s nothing to worry about, despite Oxfam’s “misleading” recent report that the 1% may soon have more…
Wish You’d Stop Bein’ So Good To Me, Cap’n on Feed 44
C4SS Feed 44 presents Kevin Carson‘s “Wish You’d Stop Bein’ So Good To Me, Cap’n” read by Erick Vasconcelos and edited by Nick Ford. Some people might see an internal contradiction between Hoppe’s repeated use of the term “dominated” to describe the role of certain privileged segments of society, and the idea that “libertarian” ideas were formulated by…
AEI’s Perry Ignores the Unseen on Feed 44
C4SS Feed 44 presents Cory Massimino‘s “AEI’s Perry Ignores the Unseen” read by James Tuttle and edited by Nick Ford. Perry does have a point where federal income taxes are concerned. “After transfer payments, households in the bottom 60% are ‘net recipients’ with negative income tax rates, while only the top two ‘net payer’ income quintiles had positive…
The Libertarian Road to Egalitarianism on Feed 44
C4SS Feed 44 presents David S. D’Amato‘s “The Libertarian Road to Egalitarianism” read by James Tuttle and edited by Nick Ford. But we needn’t regard inequality as a weak point in our arguments for economic freedom, or as an issue on which we simply cannot win. Existing economic relations are not the product of freedom of exchange or…
Quando si Ignora Ciò che non si Vede
Nel suo classico Quel che si Vede e quel che non si Vede, Frédéric Bastiat osserva: “Tra un cattivo economista e un buon economista c’è una sola differenza: Il cattivo economista considera unicamente gli effetti visibili; il buon economista prende in considerazione sia gli effetti visibili che quelli che andrebbero previsti.” Mark J. Perry, dell’American…
AEI’s Perry Ignores the Unseen
In his classic essay, What is Seen and What is Not Seen, Frederic Bastiat remarks, “There is only one difference between a bad economist and a good one: The bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen.” The American…
Wish You’d Stop Bein’ So Good to Me, Cap’n
You may be familiar with Murray Rothbard’s article “Egalitarianism as a Revolt Against Nature.” Hans-Hermann Hoppe, beloved eminence grise at LewRockwell.com, takes things a step further and makes belief in human inequality the defining characteristic of right-libertarianism (“A Realistic Libertarianism,” Sept. 30). This isn’t just a hill he’s willing to die on, but a hill…
The Libertarian Road to Egalitarianism
A recent National Bureau of Economic Research study by Emmanuel Saez and Gabriel Zucman finds that “the top 0.1% of [American] families now own roughly the same share of wealth as the bottom 90%.” Furthermore, the study shows that the “recovery” we keep hearing about hasn’t reached the middle class, with only those atop the economic pyramid seeing its benefits. With a…
Paul Krugman Stops Worrying About Income Inequality
Paul Krugman’s titling of his case against Amazon.com (“Amazon’s Monopsony Is Not OK,” New York Times, October 19) immediately rings alarm bells. The Nobel laureate economist surely understands that monopsony entails a sole buyer, not merely “a dominant buyer with the power to push prices down” in a particular market. Whatever its other faults, Amazon…
The Weekly Abolitionist: The Pernicious Consequences of Mandatory Minimums
Mandatory minimum sentences have been receiving a fair bit of scrutiny lately, largely due to the efforts of Families Against Mandatory Minimums (FAMM). And rightly so. Mandatory minimums remove discretion and context from sentencing, resulting in grossly unjust and wildly disproportionate sentences for minor offenses. Moreover, they’ve caused some troubling shifts in who has discretionary…
The Anatomy of Escape
Fighting Fascism
Markets Not Capitalism
Free Markets & Capitalism?
Organization Theory
Conscience of an Anarchist