Riddle Us These?
Posted in Economic Illiteracy, Inequality, Price System on Sep 25th, 2013
I’ve been met by two common complaints lately. First that the rich have undue political power in America. Second, that the poor have too little labor market power. Both may be true. I don’t know. But then riddle me these: (1) If the rich have so much influence, then how come the vast majority of […]