The Problem With the ‘Income Inequality’ Problem - InvestingChannel

The Problem With the ‘Income Inequality’ Problem

Income is a result. As such, results cannot establish whether there is fairness or justice. Let’s look at it. Suppose Tom, Dick and Harry play a weekly game of poker. Tom wins 75 percent of the time. Dick and Harry, respectively, win 15 percent and 10 percent of the time. Knowing only the poker game’s […]

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