Views on Economic Inequality

That's Paul Krugman giving a pretty nice encapsulation of the standard liberal view on economic inequality. It's an account of recent economic history I happen to agree with, and think is well-supported by the facts. My view is that large concentrations of wealth, coupled with our money-driven campaign system, undermines our democracy. Moreover, I think the extreme levels of wealth and income inequality in the United States are symptomatic of eroding levels of economic opportunity and a fraying social contract.

But hey, I'm a standard liberal so it's not all that surprising I accept the standard liberal view on economic inequality. But did you know some people disagree with me? Yes, I am shocked as well.

Views on economic inequality (some right, some sort of right, and some just wrong):

Reducing poverty, not inequality - Martin Feldstein

The Middle Is Falling Out of the Economy - Harold Meyerson

Does Inequality Still Matter? - Will Wilkinson

How much refridgerator can you buy? - Mike Konczal

Inequality: A Problem? - Bruce Bartlett

Is Our Tax System Helping Us Create Wealth? - David Kay Johnston