My Coverage Ed video for the Hoover Establishment’s PolicyEd video collection is out. Right here it’s on YouTube.
A abstract of the 4-minute video:
Each good and unhealthy earnings inequality exist. Good inequality comes from entrepreneurial innovation that improves the lives of shoppers, even when the inventor will get rich. Alternatively, utilizing political muscle to get wealthy results in unhealthy inequality, because it comes on the expense of shoppers. It is important to have authorities insurance policies that may distinguish between good and unhealthy inequality to extend innovation, strengthen the financial system, and in the end give individuals extra incentive to innovate.
And see the two individuals I exploit for instance every. Considered one of them is within the image above. Are you able to guess who it’s?