As long as people have different interests and abilities, in a free society, there will be some income inequality. But government-imposed barriers can make it more pronounced by placing unnecessary obstacles in front of people trying to get ahead.
Economists across the spectrum are concerned about this problem. And there is some agreement about how to help fix it.
In his book “Coming Apart,” Charles Murray of the American Enterprise Institute shows an increasing divergence between how the middle and upper classes live. In 1960, regardless of a woman’s income level, many fewer children were born out of wedlock, attendance at […]