Acton Institute Powerblog Archives

Post Tagged 'Intergenerational mobility'

Why Social Mobility Matters—and Income Inequality Does Not

When it comes to household income, progressives tend to start with their intuitive understanding of fairness (i.e., some people have a lot more income than others), move to the solution (redistribution of income and wealth from those who have more to those who have less), and only then to develop a metric that justifies implementing their solution: income inequality. Continue Reading...