Apr 18
My title here, as you might surmise, is, in part, a nod toward my hometown preacher, Jonathan Edwards, who thought and wrote about the issues mentioned, nearly 300 years ago (in 1754). An essay in The Atlantic issue of March 2014 by Paul Bloom has a more modern view, and also reveals that the controversies …
Nov 18
… only a carefully designed mechanism for redistribution can compensate for the natural tendency of wealth to flow from the poor to the rich in a market economy. Is Inequality Inevitable? The “natural tendency” mentioned here ^ is the hypothetical outcome of a random process. It is remarkable that, in a market economy, although there …