Kling on Inequality

Arnold Kling reflects on the fact that the Clintons made $109 million over the past seven years. (Maybe John Edwards is on to something with that “Two Americas” thing.) What’s remarkable is not the amount of private wealth, however, but the amount of wealth and power that government officials control: Montgomery County, Maryland, has an annual budget of $3.8 billion. This sum is under the … Continue reading Kling on Inequality