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A concern about inequality—in education or in wealth—treats intelligence and prosperity as social ills equal to illiteracy and destitution.
The reason any individual deserves success is because of the simple fact that that individual uses his mind to produce or achieve something valuable, whether it’s a skyscraper, an iPhone or a fast food order. That individual earned that success because he transformed an idea in his mind into a reality.
[It is a] contradiction [to say] that while it’s wrong for the government to redistribute wealth from poor to rich, it’s quite okay to do so in the opposite direction, through excessive taxation to fund the welfare state.
Why, in spite of massive evidence that profits motivate entrepreneurs to innovate in ways that enable so many of us to live comfortably, is there still a sense that inequality is unfair?
The source of technology and prosperity—the free human mind—is unshackled only under capitalism Would you give up the Internet for a million dollars? This was the question posed in a recent YouTube video distributed by The Fund for American Studies. Not surprisingly, many who were interviewed in the video said “no.” How much would they [...]