Ep. 1586 The Truth About Income Inequality

The Tom Woods Show

Tom Woods

Politics, Government, News

4.8 • 3.4K Ratings

🗓️ 8 February 2020

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

Income inequality has been a hot topic in recent years, but nearly everyone gets it wrong. Here are the real facts, and the best way for libertarians -- or anyone -- to think about them. Sponsor: This election season, trust C-SPAN to give you an unfiltered look at politics and the candidates. Follow Campaign 2020 on the C-SPAN television networks, on the C-SPAN app, or online at .

Transcript

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0:00.0	The Tom Wood Show, Episode 1586.
0:03.5	Prepare to set fire to the index card of allowable opinion.
0:08.0	Your daily dose of liberty education starts here.
0:11.6	The Tom Wood Show.
0:14.6	Folks, as you know, Alexandria Ocasio-Cortez has been spreading
0:17.5	some pretty terrible ideas and she's wrong on just about everything.
0:21.2	While I've put together the definitive smash of all of it,
0:24.1	the Green New Deal, affordable housing, so-called free college,
0:27.9	high tax rates.
0:29.1	It's in another free e-book, yes, a free e-book called AOC is wrong.
0:33.1	The upside down world of Alexandria Ocasio-Cortez.
0:36.4	Grab your free copy at AOCiswrong.com.
0:40.6	Hey, everybody, Tom Woods here.
0:42.5	I want to talk about income inequality today and I know we've covered
0:45.6	that a handful of times on this podcast, but I have in front of me
0:51.3	an article from Reason.com by our old friend and sometime guest,
0:55.7	David R. Henderson, who is currently a research fellow at the Hoover
1:01.7	institution at Stanford.
1:03.7	And this piece, I think, just sums up everything that's important.
1:08.2	It's mostly an empirical piece.
1:10.7	It's not, I mean, it does to an extent make of a moral argument,
1:16.7	but it's primarily based on just getting the numbers right
	...

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