"Despite a voluminous and often fervent literature on 'income distribution,' the cold fact is that most income is not distributed: It is earned."
"The real purpose of scientific method is to make sure Nature hasn't misled you into thinking you know something you don't actually know." - Robert Pirsig
Showing posts with label redistribution. Show all posts
Showing posts with label redistribution. Show all posts
Tuesday, 10 January 2017
Quotation of the Day
Is from Thomas Sowell, via Tyler O'Neil:
Friday, 6 March 2015
Sentences I Could Have Written
"Those people who make their living by devising and offering better mousetraps to willing buyers are too often portrayed as villains, while those other people who promise to forcibly take the fruits of the mousetrap factories from their creators and ‘re-distribute’ those fruits to the masses are portrayed as heroes."That is from Don Boudreaux commenting on an 1883 essay by William Graham Sumner.
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