Is income inequality a good thing for an economy?

Income inequality activists have fought to reduce the divide between rich and poor as much as possible. American Enterprise Institute Scholar Edward Conard, however, argues that income inequality has a huge upside. read more

Economic Growth Economists have long argued that there is a tradeoff between robust economic growth and equal income distribution. The more government intervenes to spread out income, the theory goes, the more it reduces growth. read more

I believe some income inequality is a good thing to serve as motivation. The market is driven by supply and demand. When income inequality becomes great income disparity, the economy suffers. Some people can’t afford groceries and others sock all of their money away out of the consumer economy into trust funds. read more

Income inequality has become a popular buzzword used by those on the left to drive the narrative that the American system is unfair to those in the lower income brackets. read more