There are two ways to close the gap [between rich and poor]. The first is to concentrate on making the poor better off. Mostly that has happened, thanks to liberalized international trade and reduced costs for shipping goods. Just as Walmart and Amazon have cut costs for Americans, the introduction of container shipping crushed transportation costs for the world. The second way to reduce inequality is to make the rich worse off. Any guess which method Oxfam's report emphasizes? "Governments should use regulation and taxation to radically reduce levels of extreme wealth," the authors conclude. This is from David R. Henderson, "A War on the Rich Won't Help the Poor," Wall Street Journal, February 8, 2018
David Henderson considers the following as important: Income Distribution
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