Widening Inequality . . . It’s Good for Everybody!

– Don Boudreaux, of the fun, new Cafe Hayek, excerpts and comments upon a passage of Dave Schmidtz’s from Social Welfare and Individual Responsibility (a point/counterpoint affair with Robert Goodin) about income inequality. Dave asks an absolutely crucial question about the sources of income gaps that, astonishingly enough, very smart people often never ask.