By the Left Coast Rebel
Tyler Cowen of George Mason University authored an interesting piece published in today's New York Times, in the context of "income inequality" and the Occupy movement. I excerpted some notable passages:
Furthermore, the best approach for fighting poverty is often precisely not to make fighting poverty the highest priority. Instead, it’s better to stress achievement and the pursuit of excellence, like a hero from an Ayn Rand novel. These are still at least the ideals of many conservatives and libertarians.
In the future, complaints about income inequality are likely to grow and conservatives and libertarians won’t have all the answers. Nonetheless, higher income inequality will increase the appeal of traditional mores — of discipline and hard work — because they bolster one’s chances of advancing economically. That means more people and especially more parents will yearn for a tough, pro-discipline and pro-wealth cultural revolution. And so they should.
Read the rest.
I don't agree with every assertion that this prof. makes (with more commentary from him at his site Marginal Revolution), but still.... I'm surprised to see this in the Times. Is something in the water over there? Some kind of hallucinogen that is making the editors even tolerate material that doesn't tow the far-left line, hook line and sinker?