One of my favorite bloggers, economist Tyler Cowen, has a long piece about the great socioeconomic challenge that America is grappling with.
The cause of rising income inequality has been something I have been very interested in lately. Any philosophical justification of an increasingly progressive tax code, for me, requires accurate interpretation of the causes of that rising inequality. In other words, there needs to be a good reason for increasing taxes on 'the rich', which may be necessary in the future, beyond simply that "they have the money".
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