Bernie Sanders is wrong about income inequality

Presidential candidate Bernie Sanders has said that, “The issue of wealth and income inequality is the great moral issue of our time,” and “for the last 40 years the great middle class of our country—once the envy of the world—has been disappearing.”

Sympathy for this kind of outrage is reflecting in the polls, showing Sanders to be a legitimate threat to Hillary Clinton in New Hampshire and Iowa. But is this outrage justified?

Like so many socialists before him, presidential candidate Bernie Sanders has fallen for the fixed pie fallacy. This causes him to overlook the great progress made in American […]