Cornell University economist Robert H. Frank claims “there is no persuasive evidence that rising inequality bolsters economic growth or enhances anyone’s well-being.” A few simple thought experiments show this claim lacks basis in reality.

Culture and SocietyEconomic History and DevelopmentEconomic InequalityEconomic PolicyEconomyEntitlements and WelfareMedicare, Medicaid, and ObamacareRace IssuesTaxes and Budget
Other Independent Review articles by Jan Narveson
Spring 2009 Deleting the State: An Argument about Government
Winter 1999/00 Problems of Market Liberalism: Volume 15, Social Philosophy and Policy, Part 2
Winter 1996/97 The Free Society