We don't have to, and shouldn't, read this article in isolation. The author is a pretty hardcore libertarian economist. If you search this blog for "inequality"

We don't have to, and shouldn't, read this article in isolation. The author is a pretty hardcore libertarian economist. If you search this blog for "inequality" you'll come up with a bunch of articles revealing that he thinks inequality is at worst irrelevant and at best a good thing: http://cafehayek.com/?s=inequality http://cafehayek.com/?s=inequality Example quote: "Second, in a market economy rising monetary inequality is evidence of the expansion of choice and diversity made possible by economic growth. As society becomes materially richer – that is, as consumption goods become less costly and more abundant even for poor people – individuals enjoy a greater range of options of how to spend their time and lives." Given this context, it would be bizarre if this article was not an argument against addressing inequality.