Unequal Incomes
A friend of mine is concerned about the existence today of income inequality that is leading to the accumulation of disproportionate wealth and economic and political power into the hands of a few.
No one doubts that individuals try to better their condition. Adam Smith in the Wealth of Nations at page 237 said “But the principle which prompts to save, is the desire of bettering our condition, a desire which, though generally calm and dispassionate, comes with us from the womb, and never leaves us till we go to the grave”. President Abraham Lincoln said “I hold that while . . . [more]
