His new essay on economic inequality is fabulous. The wonderful thing for me is that he works hard to try and establish a logical proof on how wealth redistribution schemes do not work to raise the level of everyone's wealth, but eventually wreck economies.
His ideas are obviously nothing new; many people have said the same thing throughout history.
But it's fun to see how he came to the conclusion himself.
His essay will of course upset a lot of people in the computer industry who believe that economies can and should be planned.
Leave a comment