An interesting piece by Robert Lawson at SMU’s Cox School of Business. He argues that income inequality isn’t related to economic freedom. Furthermore, he argues that income mobility is more important than income inequality and that income mobility is declining. His two primary solutions? 1. Let rich people fail, and 2. Let poor people get rich.
Economic Freedom & Income Equality (Robert Lawson, SMU)
Comments
One response to “Economic Freedom & Income Equality (Robert Lawson, SMU)”
-
Mr. Lawson’s remarks in this case are not particularly controversial, but we must all remember that SMU is the far-right-wing home of the Bush library and cannot publish anything that is not blessed by the Bush family surrogates. It’s unfortunate that this is the case, but when an institution like SMU divorces themselves from scholarship for the sake of political/financial benefits, suspicion of any theoretically academic output is the result.
Leave a Reply