We know income inequality exists, that some people are very rich and others very poor. And this bothers quite a lot of us. Aren’t we right to be concerned about this? Isn’t there something wrong when some people have access to far more resources than others?
Brink Lindsey is vice president for research at the Cato Institute and is the author of Human Capitalism: How Economic Growth Has Made Us Smarter—and More Unequal (2013).