Tuesday, July 24, 2007
Fear And Greed
I have grown tired of listening to people talk about why socialism is the best system. Personally I think it is mainly envy that drives that discussion. Here is an interesting article that explains why higher taxes for wealthy people do not equal feeding the poor. In fact, they negatively impact economic growth. The article leaves out some key links (I'm a debater, I know). It does not delve into any of the moral issues that make socialism problematic. It simply provides an end point for the whole discussion. Worth reading, I'd say.