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December 19, 2016 Economics Problems

Ezra Klein calls this piece powerful. There is a lot of telling information in it.

Brad DeLong’s take on “You Didn’t Build That!”

Worthy of a reply by me, but I’m retired and no one cares anyway!

"1" Comment
  1. My feeble attempt at mirroring the Wintercow school of argument…

    Let’s concede the premise behind “you didn’t build that”–success is based on luck rather than effort. So is the lottery. If a lottery distributes winnings evenly among people who play and don’t play (I mean, nobody “earned” those winnings), how may people buy a ticket?

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