Thursday, April 24, 2008 Distribution of Wealth Diminishing Returns
Below I have pasted an essay that I am hoping is worthy of publication in the Times. It is my contention that many of America's problems have a common root - inequitable distribution of wealth. Concentration of wealth is an issue that is getting much attention lately but no one seems to be looking at the economic principles that are pertinent. I specifically did not mention tax rates (other than an analogy on diminishing retu