The Necessity of the Rich

Edward Conard is on a dual crusade. First, he is out to prove that technological innovation is the major driver of the creation of wealth. Second, that government programs to redistribute income are at best futile and at worst the enemy of the middle class. “The Upside of Inequality” is thus a relentless attack on the “demagogues” and “propagandists” who claim that the winnings of the 1% are largely unearned.

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