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More Questions for Proponents of Income ‘Redistribution’

Posted By Don Boudreaux On January 13, 2014 @ 8:15 am In Inequality | Comments Disabled

In my latest column in the Pittsburgh Tribune-Review, I pose more questions to proponents of ‘redistributing’ monetary incomes [1].  Here’s my closing paragraph:

Do you not share Thomas Sowell’s concern that efforts to “de-concentrate” incomes among the people require concentrating power among the politicians? Asked differently, if you worry that abuses of power are encouraged by concentrations of income, shouldn’t you worry even more that abuses of power are encouraged by concentrations of power?

When pondering my question here, ponder also this fact [2] - a fact that suggests that efforts to ‘de-concentrate’ income in reality concentrate it even more and in a way that is far more likely to lead to abuse.

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[1] In my latest column in the Pittsburgh Tribune-Review, I pose more questions to proponents of ‘redistributing’ monetary incomes: http://triblive.com/opinion/featuredcommentary/5353880-74/incomes-income-inequality#axzz2q5laKIdy

[2] this fact: http://econlog.econlib.org/archives/2012/01/the_real_concen.html

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