Tuesday, November 01, 2011

Richard Epstein - economic opportunity benefits everyone

Richard Epstein of NYU Law School was allowed on PBS. Oops! The semi-informed public TV watcher heard and saw a clear 7-minute explanation of the benefits of opportunity in our economy. He was asked if income inequality is bad. No, he responded:

He explained how, even though increased opportunity might allow people at the top to gain, it allows everyone to gain. And the statistics prove it.

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