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Perhaps concentrated wealth will inspire a nation of innovative problem-solvers. But if the view of many economists is right – that it sometimes discourages innovation – then we should worry.

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Adam Davidson

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The America that I think most Americans would want, most economists on the right or left would want, is one in which a smart, ambitious, hardworking person without a huge amount of resources has a pretty good shot, in the end, of beating out a less smart, less ambitious, less hardworking rich person.

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What we want as an economy is companies and people, you know, working hard to come up with creative ways to be more productive. We don’t want companies and people working hard to lobby government for special tax cuts.

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April 21, 2024

What we want as an economy is companies and people, you know, working hard to come up with creative ways to be more productive. We don’t want companies and people working hard to lobby government for special tax cuts.

Previous

April 21, 2024

The America that I think most Americans would want, most economists on the right or left would want, is one in which a smart, ambitious, hardworking person without a huge amount of resources has a pretty good shot, in the end, of beating out a less smart, less ambitious, less hardworking rich person.

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