Tag Archives: utilitarianism

Income Inequality as Such is not the Problem

income inequalityJim Pagels over at Reason.com has a good article on why Oxfam’s claim that the wealthiest 1% may soon be worth more than all the rest of us is not something to worry about. He correctly points out a number of reasons why this study is extremely flawed. For example, with the methodology the study uses a person I know, a truck driver who has gone through bankruptcy, is wealthier than read more