The political left seems to think that wealth inequality undermines democracy. There are many reasons why this fear is incorrect. The political views of the wealthy are not homogeneous, and on many issues, they track the views of the rest of the population. Many political leaders consider wealth inequality to be a major economic and social problem. Ryan Bourne and Chris Edwards join the show to talk about their new study that tackles this issue from multiple fronts.
How do we measure inequality? Has wealth inequality gotten drastically worse in the last decade? What is a wealth tax? What is cronyism?
Further Reading:
Exploring Wealth Inequality, written by Chris Edwards and Ryan Bourne
A Wealth Tax Is a Tax on Business, written by Chris Edwards
Top Wealth Is Business Assets, written by Chris Edwards
The Forbes 400: The Definitive Ranking Of The Wealthiest Americans, edited by Luisa Kroll & Kerry A. Dolan
Downsizing the Federal Government
Related Content:
Wealth Tax Advocates Muddle Stocks and Flows, written by Steven Horwitz
Taxation: How the Government Funds Itself, Free Thoughts Podcast
Are Taxes a Democratic Alternative to Charity?, written by David S. D’Amato
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