Income inequality: It’s not so simple

Walter Williams offered a simple analysis of income inequality in last Wednesday’s Citizen incorporating an analogy of “poker justice” to elucidate the variance in wealth accumulation.

He noted that in a non-cheating game, the poker prowess of Tom over Dick and Harry was easily explained by Tom’s industriousness compared to the indolent efforts of his fellow players. This simply explicates why Tom should never share his financial rewards with Dick or Harry.

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via The Citizen http://ift.tt/1mV1h43

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