Income Inequality is Good

By PragerU on youtube.com

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In this step you'll learn about income inequality and why it is not a bad thing. Income inequality is actually a good thing when it is the product of a free market economy. It promotes personal freedom and rewards hard work, talent, and achievement. The 1% Club is always open to new members, and you don't have to be in the top one percent to have a very good life. This is what John Tamny, editor of Real Clear Markets, for Prager University, explains in this video.