Wednesday, April 16, 2008

The Myth of Class War

In an American election year, this is a useful reminder (Adam Smith Institute Blog):

Unless you realize how wealth is created, you’ll fret about how to distribute it more equally, thinking the only way the poor can become richer is by receiving some of the wealth the rich have.
Unfortunately, with the rise in protectionism, politics can trump reality (Club for Growth).

No comments: