Class Economics

Andrew Coyne does it up big in his article last week, A Phony Class War:

If inequality is our concern, I suggest we’d do better to look in the other direction. The gap that ought to trouble us is not between the top one per cent and the other 99 per cent, but between the bottom 10 per cent and the rest of us. Whatever harm may be imagined to arise from people being too rich, there is ample research on the harm that comes from being too poor, especially to children: poor, not only as a matter of absolute privation, but of relative inequality.

The whole thing draws out some great points that are hard to have conversations about.. I don’t agree with people who have a problem with others making a ridiculous amount of money, rather would be more inclined to judge people based on what they actually do with that money.

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