On Income Inequality | Value Investing News

On Income Inequality

  • The question – While there will always be income inequality in a free market economy, does crony capitalism have the effect of increasing income equality by means of subsidies, regulations, protection of monopolies, etc?
  • Yes, you can argue about big government, labor, and business, but that is only a part of the puzzle.
  • What matters most is the culture of a nation, and how they are motivating the next generation to compete.
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